Deutsche Boerse AG (OTCMKTS:DBOEY) Stock Short Interest Jumps 133.9%

Key Points

• Short interest surged 133.9% to 31,295 shares as of October 15, though that represents only about 0.0% of Deutsche Boerse’s shares and 0.1 days of average trading volume.
• Analyst sentiment remains mixed, with two Buy, two Hold, and one Sell rating, resulting in a consensus rating of Hold. Oddo Bhf recently downgraded the stock to Neutral, while Royal Bank of Canada maintained a Sector Perform rating.
• Shares rose 1.7% to $35.73, near their 12-month high, while quarterly results exceeded expectations: EPS was $0.38 versus a $0.35 estimate, and revenue reached $1.84 billion versus $1.79 billion expected.

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 31,295 shares, a growth of 133.9% from the September 30th total of 13,380 shares. Based on an average daily trading volume, of 324,634 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are short sold.

Analysts Set New Price Targets

DBOEY has been the subject of several recent research reports. Royal Bank Of Canada restated a "sector perform" rating on shares of Deutsche Boerse in a report on Monday, August 17th. Oddo Bhf lowered shares of Deutsche Boerse from an "outperform" rating to a "neutral" rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Deutsche Boerse Trading Up 1.7%

Shares of Deutsche Boerse stock traded up $0.59 during trading hours on Friday, reaching $35.73. The stock had a trading volume of 75,616 shares, compared to its average volume of 338,032. Deutsche Boerse has a twelve month low of $23.25 and a twelve month high of $35.84. The firm has a market capitalization of $63.67 billion, a PE ratio of 25.16, a PEG ratio of 2.15 and a beta of 0.43. The stock's 50 day moving average is $33.13 and its 200 day moving average is $29.55.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last issued its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.38 EPS for the quarter, topping the consensus estimate of $0.35 by $0.03. The firm had revenue of $1.84 billion during the quarter, compared to analysts' expectations of $1.79 billion. Deutsche Boerse had a return on equity of 21.00% and a net margin of 34.07%. As a group, sell-side analysts predict that Deutsche Boerse will post 1.42 earnings per share for the current year.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing systems, settlement platforms, and other services supporting global capital markets. The company serves exchanges, banks, investment firms, asset managers, corporations, and other financial institutions.

Its businesses include the Frankfurt Stock Exchange and Xetra trading platforms for equities and other securities, Eurex for derivatives, and Clearstream for securities settlement, custody, and related post-trade services.

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