Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 39,200 shares, a growth of 1,164.5% from the March 15th total of 3,100 shares. Based on an average daily volume of 97,300 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several equities analysts have commented on DLAKY shares. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 12th. Barclays cut shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, March 12th. Finally, Citigroup upgraded Deutsche Lufthansa from a "strong sell" rating to a "strong-buy" rating in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Deutsche Lufthansa presently has a consensus rating of "Moderate Buy".

Hedge Funds Weigh In On Deutsche Lufthansa

An institutional investor recently raised its position in Deutsche Lufthansa stock. GAMMA Investing LLC lifted its stake in shares of Deutsche Lufthansa AG (OTCMKTS:DLAKY - Free Report) by 11,248.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,809 shares of the transportation company's stock after buying an additional 6,749 shares during the period. GAMMA Investing LLC's holdings in Deutsche Lufthansa were worth $50,000 as of its most recent SEC filing.

Deutsche Lufthansa Price Performance

Shares of DLAKY stock traded up $0.01 on Friday, reaching $7.00. The company had a trading volume of 36,554 shares, compared to its average volume of 101,787. The stock has a market capitalization of $8.39 billion, a PE ratio of 8.43, a price-to-earnings-growth ratio of 1.07 and a beta of 1.00. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17. The business's 50-day moving average is $7.33 and its 200 day moving average is $6.87. Deutsche Lufthansa has a one year low of $5.69 and a one year high of $8.78.

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.