Deutsche Boerse AG (OTCMKTS:DBOEY) Short Interest Up 54.3% in September

Key Points

• Deutsche Boerse AG experienced a significant increase in short interest in September, rising by 54.3% to a total of 43,200 shares as of September 30th.
• The company's latest quarterly earnings report showed an EPS of $0.34, exceeding analysts' expectations of $0.28, with a revenue of $3.51 billion compared to expectations of $1.52 billion.
• Deutsche Bank reiterated a "buy" rating for Deutsche Boerse, while the overall consensus rating for the stock remains a "Hold."

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 43,200 shares, a growth of 54.3% from the September 15th total of 28,000 shares. Based on an average daily trading volume, of 381,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 381,700 shares, the days-to-cover ratio is presently 0.1 days.

Deutsche Boerse Stock Performance

Shares of DBOEY stock opened at $26.03 on Wednesday. Deutsche Boerse has a 1-year low of $21.72 and a 1-year high of $33.52. The company has a market capitalization of $49.01 billion, a price-to-earnings ratio of 22.25, a P/E/G ratio of 4.25 and a beta of 0.64. The stock's fifty day simple moving average is $27.79 and its 200-day simple moving average is $30.00.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.06. The firm had revenue of $3.51 billion during the quarter, compared to analysts' expectations of $1.52 billion. Deutsche Boerse had a return on equity of 19.15% and a net margin of 30.17%. On average, sell-side analysts predict that Deutsche Boerse will post 1.12 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Deutsche Boerse in a research note on Friday, July 11th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Deutsche Boerse currently has a consensus rating of "Hold".

Deutsche Boerse Company Profile

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.

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