Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Increase in Short Interest

Key Points

• Short interest surged 221.6% in August to 731,644 shares from 227,485 shares, though short interest remains approximately 0.0% of shares outstanding and represents about one day of average trading volume.
• Deutsche Telekom shares opened at $33.75, down 1.0%, with a $165.55 billion market capitalization and a 12-month trading range of $26.90 to $40.58.
• The company exceeded quarterly expectations, reporting $0.67 in EPS and $34.53 billion in revenue, while analysts maintain a consensus “Buy” rating despite mixed recommendations.

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 731,644 shares, a growth of 221.6% from the July 30th total of 227,485 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 762,119 shares, the short-interest ratio is presently 1.0 days.

Deutsche Telekom Stock Down 1.0%

DTEGY stock opened at $33.75 on Thursday. The firm has a market cap of $165.55 billion, a PE ratio of 16.30, a P/E/G ratio of 0.76 and a beta of 0.33. Deutsche Telekom has a 12 month low of $26.90 and a 12 month high of $40.58. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.18 and a quick ratio of 1.10. The firm has a 50 day simple moving average of $31.10 and a 200 day simple moving average of $33.81.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a net margin of 7.18% and a return on equity of 11.11%. The firm had revenue of $34.53 billion for the quarter, compared to analyst estimates of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Equities research analysts forecast that Deutsche Telekom will post 2.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Erste Group Bank lowered Deutsche Telekom from a "buy" rating to a "hold" rating in a research note on Friday, June 5th. Citigroup reissued a "buy" rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Zacks Research raised Deutsche Telekom from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, Deutsche Telekom presently has a consensus rating of "Buy".

Deutsche Telekom Company Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.

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