Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 10,200 shares, a decrease of 64.3% from the May 15th total of 28,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 103,400 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research report on Wednesday, March 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy".

Deutsche Lufthansa Price Performance

Shares of DLAKY stock traded down $0.23 during midday trading on Friday, reaching $7.95. 62,862 shares of the company traded hands, compared to its average volume of 86,394. The firm's 50 day simple moving average is $7.44 and its two-hundred day simple moving average is $7.07. Deutsche Lufthansa has a 1-year low of $5.69 and a 1-year high of $8.78. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.77. The firm has a market cap of $9.53 billion, a PE ratio of 9.58, a price-to-earnings-growth ratio of 1.07 and a beta of 1.16.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last released its earnings results on Tuesday, April 29th. The transportation company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.61) by ($0.17). The firm had revenue of $9.25 billion during the quarter, compared to analysts' expectations of $7.93 billion. Deutsche Lufthansa had a return on equity of 11.33% and a net margin of 2.46%. On average, equities research analysts expect that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

Deutsche Lufthansa Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 16th. Shareholders of record on Friday, May 9th were issued a $0.2226 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a yield of 3.09%. This is a positive change from Deutsche Lufthansa's previous dividend of $0.22. Deutsche Lufthansa's payout ratio is currently 19.30%.

Hedge Funds Weigh In On Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC boosted its position in Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,809 shares of the transportation company's stock after buying an additional 6,749 shares during the quarter. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $50,000 at the end of the most recent quarter.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.