Deutsche Börse AG (OTCMKTS:DBOEY) Short Interest Down 93.8% in May

Deutsche Börse AG (OTCMKTS:DBOEY - Get Free Report) saw a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 35,600 shares, a decline of 93.8% from the May 15th total of 577,200 shares. Based on an average daily trading volume, of 2,865,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Kepler Capital Markets cut shares of Deutsche Börse from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 29th.

Deutsche Börse Trading Down 0.9%

Shares of OTCMKTS:DBOEY traded down $0.29 on Thursday, reaching $31.39. 87,578 shares of the company were exchanged, compared to its average volume of 461,533. Deutsche Börse has a 1-year low of $19.27 and a 1-year high of $33.52. The firm has a market cap of $59.11 billion, a price-to-earnings ratio of 27.54, a price-to-earnings-growth ratio of 3.54 and a beta of 0.68. The company has a 50-day moving average of $31.50 and a 200-day moving average of $27.43.

Deutsche Börse (OTCMKTS:DBOEY - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The financial services provider reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.01. Deutsche Börse had a net margin of 27.64% and a return on equity of 20.07%. The business had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.49 billion. As a group, analysts forecast that Deutsche Börse will post 1.12 earnings per share for the current year.

Deutsche Börse Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were paid a dividend of $0.2651 per share. The ex-dividend date was Friday, May 16th. This is a boost from Deutsche Börse's previous dividend of $0.26. This represents a dividend yield of 0.83%. Deutsche Börse's dividend payout ratio is 22.61%.

About Deutsche Börse

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.