Deutsche Börse AG (OTCMKTS:DBOEY) Short Interest Down 59.1% in October

Deutsche Börse AG (OTCMKTS:DBOEY) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 11,900 shares, a decrease of 59.1% from the October 15th total of 29,100 shares. Based on an average trading volume of 157,000 shares, the days-to-cover ratio is currently 0.1 days.

Deutsche Börse Stock Performance

OTCMKTS:DBOEY traded down $0.13 during mid-day trading on Friday, hitting $22.04. The company’s stock had a trading volume of 111,584 shares, compared to its average volume of 97,597. The stock has a fifty day moving average of $23.12 and a 200-day moving average of $21.37. Deutsche Börse has a fifty-two week low of $17.95 and a fifty-two week high of $23.77.

Deutsche Börse (OTCMKTS:DBOEY) last issued its earnings results on Tuesday, October 22nd. The financial services provider reported $0.29 EPS for the quarter. The company had revenue of $1.88 billion for the quarter. Deutsche Börse had a net margin of 26.71% and a return on equity of 19.45%. Research analysts anticipate that Deutsche Börse will post 1.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Citigroup raised Deutsche Börse to a “hold” rating in a research report on Friday, October 4th.

About Deutsche Börse

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.