Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Drops By 72.4%

Deutsche Boerse AG (OTCMKTS:DBOEY) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 56,618 shares, a decline of 72.4% from the July 30th total of 205,267 shares. Based on an average trading volume of 187,251 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

Deutsche Boerse Price Performance

Shares of OTCMKTS:DBOEY opened at $33.59 on Friday. Deutsche Boerse has a 1 year low of $23.25 and a 1 year high of $33.79. The company’s 50 day simple moving average is $30.01 and its 200 day simple moving average is $29.03. The stock has a market capitalization of $60.56 billion, a price-to-earnings ratio of 24.70, a price-to-earnings-growth ratio of 2.01 and a beta of 0.43.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. The firm had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.33%. As a group, analysts anticipate that Deutsche Boerse will post 1.43 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a research note on Monday, August 17th. Three 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.