Deutsche Boerse AG (OTCMKTS:DBOEY) Sees Significant Growth in Short Interest

Key Points

• Deutsche Boerse AG experienced a 453.7% increase in short interest in July, going from 8,200 shares at the end of June to 45,400 shares, reflecting rising investor pessimism.
• The company surpassed earnings expectations with a reported EPS of $0.34 for its latest quarter, exceeding the consensus estimate of $0.28, supported by significant revenue of $3.51 billion.
• Deutsche Boerse increased its dividend to $0.2651 per share, up from $0.26, representing an impressive yield of 83.0% with a payout ratio of 22.22%.

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 45,400 shares, anincreaseof453.7% from the June 30th total of 8,200 shares. Based on an average daily trading volume, of 223,400 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 223,400 shares, the short-interest ratio is presently 0.2 days.

Deutsche Boerse Stock Performance

Shares of Deutsche Boerse stock traded up $0.30 on Wednesday, hitting $29.78. 58,512 shares of the company traded hands, compared to its average volume of 380,946. The stock has a market capitalization of $56.08 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 5.31 and a beta of 0.68. Deutsche Boerse has a 52 week low of $19.75 and a 52 week high of $33.52. The business has a 50-day simple moving average of $31.19 and a 200 day simple moving average of $29.56.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The financial services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.28 by $0.06. The company had revenue of $3.51 billion during the quarter, compared to analyst estimates of $1.52 billion. Deutsche Boerse had a net margin of 30.17% and a return on equity of 19.34%. Research analysts expect that Deutsche Boerse will post 1.12 earnings per share for the current year.

Deutsche Boerse Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were issued a $0.2651 dividend. This is a boost from Deutsche Boerse's previous dividend of $0.26. This represents a yield of 83.0%. The ex-dividend date was Friday, May 16th. Deutsche Boerse's dividend payout ratio is presently 22.22%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on DBOEY. Kepler Capital Markets lowered shares of Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 29th. UBS Group downgraded shares of Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, June 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Deutsche Boerse in a research report on Friday, July 11th.

About Deutsche Boerse

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.