Short Interest in Deutsche Boerse AG (OTCMKTS:DBOEY) Declines By 92.3%

Key Points

• Short interest in Deutsche Boerse AG declined by 92.3% in July, falling from 45,400 shares to just 3,500 shares, indicating minimal short selling activity.
• The company increased its dividend to $0.2651 per share, reflecting a yield of 83.0%, and has a low dividend payout ratio of 22.22%.
• In its recent earnings report, Deutsche Boerse exceeded expectations by posting $0.34 earnings per share against a consensus estimate of $0.28.

Deutsche Boerse AG (OTCMKTS:DBOEY - Get Free Report) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 3,500 shares, adeclineof92.3% from the July 15th total of 45,400 shares. Approximately0.0% of the shares of the company are sold short. Based on an average daily volume of 377,600 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 377,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately0.0% of the shares of the company are sold short.

Deutsche Boerse Trading Up 0.4%

DBOEY stock traded up $0.11 during trading on Thursday, reaching $29.89. 73,182 shares of the stock were exchanged, compared to its average volume of 370,265. The firm has a market capitalization of $56.27 billion, a price-to-earnings ratio of 25.54, a P/E/G ratio of 5.28 and a beta of 0.68. Deutsche Boerse has a 1 year low of $20.83 and a 1 year high of $33.52. The business has a 50 day moving average price of $30.91 and a 200-day moving average price of $29.76.

Deutsche Boerse (OTCMKTS:DBOEY - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The financial services provider reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.06. The business had revenue of $3.51 billion for the quarter, compared to analysts' expectations of $1.52 billion. Deutsche Boerse had a net margin of 30.17% and a return on equity of 19.34%. On average, research analysts anticipate that Deutsche Boerse will post 1.12 EPS for the current year.

Deutsche Boerse Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Monday, May 19th were paid a dividend of $0.2651 per share. This represents a yield of 83.0%. This is an increase from Deutsche Boerse's previous dividend of $0.26. The ex-dividend date of this dividend was Friday, May 16th. Deutsche Boerse's dividend payout ratio is presently 22.22%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on DBOEY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Deutsche Boerse in a report on Friday, July 11th. Kepler Capital Markets lowered shares of Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 29th. Finally, UBS Group downgraded shares of Deutsche Boerse from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 11th.

Deutsche Boerse Company Profile

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.

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