Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Update

Key Points

• Deutsche Bank Aktiengesellschaft experienced a 63.2% increase in short interest in July, totaling approximately 15.49 million shares, indicating heightened investor sentiment against the stock.
• Hedge funds increased their stakes in Deutsche Bank, with notable boosts from Bank of New York Mellon Corp and Bank of Montreal Can, highlighting growing institutional interest in the bank.
• The bank reported $0.54 EPS for the last quarter, falling short of analysts' expectations of $0.78, despite achieving revenues of $9.21 billion that exceeded forecasts.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 15,490,000 shares, anincreaseof63.2% from the June 30th total of 9,490,000 shares. Currently,0.9% of the shares of the company are sold short. Based on an average trading volume of 2,930,000 shares, the short-interest ratio is presently 5.3 days. Based on an average trading volume of 2,930,000 shares, the short-interest ratio is presently 5.3 days. Currently,0.9% of the shares of the company are sold short.

Deutsche Bank Aktiengesellschaft Stock Up 1.8%

DB traded up $0.64 during trading on Friday, hitting $36.26. The company had a trading volume of 2,773,020 shares, compared to its average volume of 2,786,628. The company has a market cap of $72.23 billion, a PE ratio of 13.79, a P/E/G ratio of 0.44 and a beta of 1.02. The business has a 50-day moving average of $30.11 and a 200-day moving average of $25.74. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.79 and a quick ratio of 0.79. Deutsche Bank Aktiengesellschaft has a 1-year low of $14.31 and a 1-year high of $36.31.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The bank reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.24). The company had revenue of $9.21 billion during the quarter, compared to analyst estimates of $7.80 billion. Deutsche Bank Aktiengesellschaft had a net margin of 7.67% and a return on equity of 6.01%. As a group, analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on DB shares. Bank of America initiated coverage on shares of Deutsche Bank Aktiengesellschaft in a report on Tuesday, June 10th. They set a "buy" rating on the stock. Citigroup restated a "sell" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Friday, July 25th. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Cfra Research upgraded shares of Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Finally, Kepler Capital Markets lowered shares of Deutsche Bank Aktiengesellschaft from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Deutsche Bank Aktiengesellschaft has an average rating of "Moderate Buy".

Institutional Trading of Deutsche Bank Aktiengesellschaft

Large investors have recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at about $25,000. Zions Bancorporation National Association UT bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter valued at about $39,000. Farther Finance Advisors LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 96.5% during the 1st quarter. Farther Finance Advisors LLC now owns 1,629 shares of the bank's stock valued at $39,000 after purchasing an additional 800 shares in the last quarter. Allworth Financial LP boosted its position in shares of Deutsche Bank Aktiengesellschaft by 54.0% during the 2nd quarter. Allworth Financial LP now owns 2,143 shares of the bank's stock valued at $63,000 after purchasing an additional 751 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of Deutsche Bank Aktiengesellschaft by 21.3% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 2,412 shares of the bank's stock valued at $57,000 after purchasing an additional 424 shares in the last quarter. Institutional investors and hedge funds own 27.90% of the company's stock.

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.