Deutsche Boerse AG (OTCMKTS:DBOEY) Short Interest Down 66.8% in April

Key Points

• Short interest plunged 66.8% to 46,028 shares as of April 15 (from 138,769 on March 31), representing roughly 0.0% of shares sold short and a days-to-cover ratio of just 0.1.
• Quarterly results beat expectations: Deutsche Börse reported $0.33 EPS vs. $0.32 expected and $1.83B revenue vs. $1.58B expected, with a 32.32% net margin; the stock opened at $31.27 (up 1.2%) and has a market cap of $56.84B.
• Analyst sentiment is mixed—one reissued a "buy" while overall there are 2 Buys, 2 Holds and 1 Sell, giving an average rating of "Hold".

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totaling 46,028 shares, a drop of 66.8% from the March 31st total of 138,769 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 487,538 shares, the days-to-cover ratio is presently 0.1 days.

Deutsche Boerse Stock Up 1.2%

DBOEY stock opened at $31.27 on Friday. The stock has a market capitalization of $56.84 billion, a P/E ratio of 25.63, a P/E/G ratio of 2.00 and a beta of 0.47. The firm has a 50-day simple moving average of $28.39 and a 200-day simple moving average of $26.43. Deutsche Boerse has a 52 week low of $23.25 and a 52 week high of $33.52.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last released its earnings results on Wednesday, February 11th. The financial services provider reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.32 by $0.01. The business had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.58 billion. Deutsche Boerse had a net margin of 32.32% and a return on equity of 19.23%. On average, analysts expect that Deutsche Boerse will post 1.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Deutsche Boerse in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold".

Deutsche Boerse Company Profile

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.

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