Short Interest in Deutsche Lufthansa AG (OTCMKTS:DLAKY) Expands By 26.2%

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 53,900 shares, an increase of 26.2% from the October 31st total of 42,700 shares. Based on an average daily trading volume, of 90,000 shares, the short-interest ratio is presently 0.6 days.

Deutsche Lufthansa Trading Up 3.2 %

OTCMKTS:DLAKY traded up $0.21 during trading hours on Friday, hitting $6.69. 28,900 shares of the company were exchanged, compared to its average volume of 49,169. The stock has a market capitalization of $8.02 billion, a price-to-earnings ratio of 6.43, a price-to-earnings-growth ratio of 1.28 and a beta of 1.24. The company has a fifty day simple moving average of $6.88 and a 200 day simple moving average of $6.66. Deutsche Lufthansa has a one year low of $6.05 and a one year high of $9.27.

Analysts Set New Price Targets

DLAKY has been the topic of a number of recent research reports. Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 1st. Stifel Nicolaus raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Finally, Citigroup downgraded Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

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.