Deutsche Bank Aktiengesellschaft (NYSE:DB) Sees Significant Growth in Short Interest

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 9,450,000 shares, an increase of 54.7% from the April 30th total of 6,110,000 shares. Currently, 0.5% of the company's stock are short sold. Based on an average daily volume of 4,450,000 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in DB. Norges Bank bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 4th quarter valued at approximately $773,016,000. GQG Partners LLC bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter valued at approximately $470,716,000. Entrust Global Partners L L C bought a new position in shares of Deutsche Bank Aktiengesellschaft during the 1st quarter valued at approximately $365,750,000. Franklin Resources Inc. grew its stake in shares of Deutsche Bank Aktiengesellschaft by 199.8% during the 4th quarter. Franklin Resources Inc. now owns 12,931,689 shares of the bank's stock valued at $222,715,000 after acquiring an additional 8,617,662 shares during the period. Finally, Capital International Investors grew its stake in shares of Deutsche Bank Aktiengesellschaft by 9.4% during the 4th quarter. Capital International Investors now owns 87,660,818 shares of the bank's stock valued at $1,510,097,000 after acquiring an additional 7,558,488 shares during the period. 27.90% of the stock is currently owned by institutional investors.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of Deutsche Bank Aktiengesellschaft stock traded up $0.10 during trading hours on Tuesday, reaching $27.83. 1,924,743 shares of the stock traded hands, compared to its average volume of 2,400,207. The company has a 50 day moving average price of $25.28 and a 200 day moving average price of $21.50. The firm has a market capitalization of $55.43 billion, a price-to-earnings ratio of 20.02 and a beta of 1.00. Deutsche Bank Aktiengesellschaft has a one year low of $13.70 and a one year high of $29.07. The company has a quick ratio of 0.78, a current ratio of 0.74 and a debt-to-equity ratio of 1.45.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The bank reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.85 by $0.19. The business had revenue of $8.97 billion during the quarter, compared to the consensus estimate of $7.95 billion. Deutsche Bank Aktiengesellschaft had a return on equity of 3.90% and a net margin of 4.66%. On average, equities research analysts expect that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DB has been the subject of several recent analyst reports. Barclays reaffirmed an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Citigroup reissued a "neutral" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, February 3rd. Cfra Research raised Deutsche Bank Aktiengesellschaft from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, April 30th. Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a research report on Wednesday, February 5th. Finally, Royal Bank of Canada reissued an "outperform" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, March 24th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy".

About Deutsche Bank Aktiengesellschaft

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.