Short Interest in Deutsche Börse AG (OTCMKTS:DBOEY) Drops By 77.4%

Deutsche Börse AG (OTCMKTS:DBOEY) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 15,500 shares, a decrease of 77.4% from the December 31st total of 68,500 shares. Based on an average trading volume of 185,300 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Deutsche Börse to a “hold” rating in a research note on Friday, October 4th.

Deutsche Börse Stock Down 0.4 %

Shares of Deutsche Börse stock traded down $0.11 during midday trading on Thursday, hitting $24.75. The company had a trading volume of 36,669 shares, compared to its average volume of 64,582. The company has a fifty day simple moving average of $23.36 and a 200 day simple moving average of $22.61. The stock has a market cap of $46.60 billion, a price-to-earnings ratio of 22.71, a PEG ratio of 3.20 and a beta of 0.86. Deutsche Börse has a 12-month low of $19.11 and a 12-month high of $24.96.

Deutsche Börse 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.