Short Interest in Deutsche Börse AG (OTCMKTS:DBOEY) Expands By 129.9%

Deutsche Börse AG (OTCMKTS:DBOEY) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 68,500 shares, an increase of 129.9% from the December 31st total of 29,800 shares. Based on an average trading volume of 135,700 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analysts Forecast Growth

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

Deutsche Börse Stock Down 0.2 %

Shares of OTCMKTS DBOEY traded down $0.05 during trading on Wednesday, reaching $24.86. The company had a trading volume of 50,505 shares, compared to its average volume of 64,582. Deutsche Börse has a 12-month low of $19.11 and a 12-month high of $24.96. The business’s 50-day moving average is $23.31 and its 200 day moving average is $22.60. The stock has a market cap of $46.81 billion, a PE ratio of 22.81, a P/E/G ratio of 3.20 and a beta of 0.86.

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.