Short Interest in Deutsche Lufthansa AG (OTCMKTS:DLAKY) Increases By 57.7%

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 47,000 shares, a growth of 57.7% from the April 15th total of 29,800 shares. Based on an average daily volume of 113,100 shares, the days-to-cover ratio is presently 0.4 days.

Deutsche Lufthansa Stock Down 0.7 %

DLAKY traded down $0.05 on Friday, reaching $7.25. 19,688 shares of the company traded hands, compared to its average volume of 53,098. Deutsche Lufthansa has a 52-week low of $6.70 and a 52-week high of $10.63. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.85 and a quick ratio of 0.80. The company has a market cap of $8.68 billion, a price-to-earnings ratio of 5.99, a PEG ratio of 1.44 and a beta of 1.24. The stock's 50 day moving average price is $7.44 and its 200-day moving average price is $8.01.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last issued its earnings results on Tuesday, April 30th. The transportation company reported ($0.66) EPS for the quarter, beating analysts' consensus estimates of ($0.73) by $0.07. Deutsche Lufthansa had a return on equity of 17.33% and a net margin of 3.94%. The firm had revenue of $8.03 billion for the quarter. On average, sell-side analysts expect that Deutsche Lufthansa will post 1.2 EPS for the current fiscal year.

Deutsche Lufthansa Dividend Announcement

The business also recently announced 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's dividend payout ratio (DPR) is currently 18.18%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Barclays reaffirmed an "equal weight" rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Deutsche Lufthansa in a research note on Wednesday, March 27th.

About Deutsche Lufthansa

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.