Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 53.8% in March

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 6,600 shares, a drop of 53.8% from the March 15th total of 14,300 shares. Based on an average daily volume of 88,100 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Deutsche Lufthansa

An institutional investor recently bought a new position in Deutsche Lufthansa stock. OLD Mission Capital LLC acquired a new position in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 43,040 shares of the transportation company's stock, valued at approximately $480,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on DLAKY shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Deutsche Lufthansa in a research report on Wednesday, March 27th. Barclays restated an "equal weight" rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold".

Deutsche Lufthansa Stock Performance

DLAKY traded down $0.15 during trading on Thursday, reaching $7.50. 41,517 shares of the company's stock were exchanged, compared to its average volume of 40,705. The company has a market capitalization of $8.98 billion, a P/E ratio of 5.17, a PEG ratio of 0.83 and a beta of 1.25. The business has a 50 day moving average price of $7.77 and a 200 day moving average price of $8.06. Deutsche Lufthansa has a fifty-two week low of $6.93 and a fifty-two week high of $10.82. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 1.03.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last released its quarterly earnings results on Thursday, March 7th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.20 by $0.06. Deutsche Lufthansa had a return on equity of 22.19% and a net margin of 4.76%. The business had revenue of $9.43 billion during the quarter. As a group, analysts predict that Deutsche Lufthansa will post 1.57 earnings per share for the current fiscal year.

Deutsche Lufthansa Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, May 20th. Shareholders of record on Thursday, May 9th will be issued a dividend of $0.2193 per share. The ex-dividend date of this dividend is Wednesday, May 8th.

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.

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