Deutsche Telekom AG (OTCMKTS:DTEGY) Shares Shorted: Short Interest Down 66.6% in October

Key Points

• Short interest in Deutsche Telekom fell 66.6% to 186,987 shares as of October 15, representing approximately 0.0% of shares outstanding and just 0.1 days of average trading volume.
• Analyst sentiment is mixed but leans neutral: two analysts rate the stock a Buy and four rate it a Hold, resulting in an overall MarketBeat rating of “Hold.”
• DTEGY shares rose 1.7% to $28.51, while the company recently beat quarterly earnings expectations with $0.67 EPS and $34.53 billion in revenue.

Deutsche Telekom AG (OTCMKTS:DTEGY - Get Free Report) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 186,987 shares, a drop of 66.6% from the September 30th total of 559,104 shares. Based on an average daily trading volume, of 1,714,287 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DTEGY shares. Citigroup reiterated a "buy" rating on shares of Deutsche Telekom in a research report on Monday, July 13th. Kepler Capital Markets lowered shares of Deutsche Telekom from a "buy" rating to a "hold" rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Deutsche Telekom in a research note on Tuesday, July 21st. Sanford C. Bernstein lowered shares of Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a report on Thursday, September 24th. Finally, Zacks Research downgraded Deutsche Telekom from a "strong-buy" rating to a "hold" rating in a report on Monday, September 7th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Deutsche Telekom has an average rating of "Hold".

Deutsche Telekom Trading Up 1.7%

DTEGY traded up $0.49 during mid-day trading on Thursday, reaching $28.51. The stock had a trading volume of 381,848 shares, compared to its average volume of 625,487. The firm's fifty day simple moving average is $31.01 and its two-hundred day simple moving average is $33.02. The stock has a market capitalization of $136.35 billion, a P/E ratio of 13.77, a P/E/G ratio of 0.62 and a beta of 0.33. Deutsche Telekom has a 52 week low of $26.90 and a 52 week high of $40.58. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.96 and a current ratio of 1.03.

Deutsche Telekom (OTCMKTS:DTEGY - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. The business had revenue of $34.53 billion for the quarter, compared to analyst estimates of $34.43 billion. Deutsche Telekom had a return on equity of 11.20% and a net margin of 7.18%. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. On average, equities analysts predict that Deutsche Telekom will post 2.55 EPS for the current year.

About Deutsche Telekom

Deutsche Telekom AG is a telecommunications and information technology company headquartered in Bonn, Germany. The company provides mobile and fixed-line communications, broadband internet, digital television, and related services to consumers and businesses. It also offers information technology, cloud, cybersecurity, and connectivity solutions for corporate and public-sector customers.

Deutsche Telekom operates under the Telekom brand in Germany and in several European markets, including Austria, the Czech Republic, Hungary, Poland, and Slovakia.

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