Short Interest in Deutsche Bank Aktiengesellschaft (NYSE:DB) Expands By 19.2%

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 7,130,000 shares, a growth of 19.2% from the December 31st total of 5,980,000 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 1,490,000 shares, the short-interest ratio is currently 4.8 days.

Deutsche Bank Aktiengesellschaft Stock Performance

NYSE:DB traded down $0.22 during trading hours on Friday, reaching $19.53. The company had a trading volume of 1,618,790 shares, compared to its average volume of 1,597,496. The firm has a market cap of $38.89 billion, a PE ratio of 10.01 and a beta of 1.20. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $20.45. The business’s 50 day moving average price is $17.90 and its 200-day moving average price is $16.95. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.78 and a quick ratio of 0.78.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a return on equity of 5.35% and a net margin of 6.40%. Research analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.46 EPS for the current year.

Hedge Funds Weigh In On Deutsche Bank Aktiengesellschaft

Institutional investors and hedge funds have recently modified their holdings of the business. Commerzbank Aktiengesellschaft FI increased its stake in shares of Deutsche Bank Aktiengesellschaft by 31,975.7% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 5,259,492 shares of the bank’s stock worth $91,042,000 after purchasing an additional 5,275,992 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Deutsche Bank Aktiengesellschaft by 23.5% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,546,283 shares of the bank’s stock valued at $44,042,000 after acquiring an additional 483,788 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its stake in shares of Deutsche Bank Aktiengesellschaft by 2.1% in the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 2,286,316 shares of the bank’s stock worth $39,492,000 after acquiring an additional 46,192 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% during the third quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after purchasing an additional 1,686,776 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Deutsche Bank Aktiengesellschaft in the 3rd quarter valued at $28,515,000. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on DB. StockNews.com raised shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Tuesday, January 28th. The Goldman Sachs Group upgraded shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.