Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Declines By 62.5%

Deutsche Boerse AG (OTCMKTS:DBOEY) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 92,896 shares, a decrease of 62.5% from the December 15th total of 247,987 shares. Based on an average daily volume of 604,300 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 604,300 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Deutsche Boerse from a “neutral” rating to an “overweight” rating in a report on Friday, November 28th. Kepler Capital Markets downgraded shares of Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Finally, Cfra Research raised shares of Deutsche Boerse to a “hold” rating in a research report on Tuesday, October 28th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Deutsche Boerse currently has a consensus rating of “Hold”.

Deutsche Boerse Trading Down 2.8%

Deutsche Boerse stock opened at $24.32 on Wednesday. Deutsche Boerse has a 12-month low of $23.33 and a 12-month high of $33.52. The firm has a market capitalization of $45.79 billion, a price-to-earnings ratio of 20.27, a P/E/G ratio of 3.47 and a beta of 0.53. The firm has a 50 day moving average of $25.37 and a 200 day moving average of $27.43.

Deutsche Boerse (OTCMKTS:DBOEY) last issued its quarterly earnings results on Monday, October 27th. The financial services provider reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.04. The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.46 billion. Deutsche Boerse had a net margin of 31.24% and a return on equity of 19.20%. On average, analysts predict that Deutsche Boerse will post 1.12 EPS for the current year.

About Deutsche Boerse

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.