Short Interest in Deutsche Bank Aktiengesellschaft (NYSE:DB) Rises By 19.2%

Deutsche Bank Aktiengesellschaft (NYSE:DB) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 7,130,000 shares, an increase of 19.2% from the December 15th total of 5,980,000 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,490,000 shares, the short-interest ratio is presently 4.8 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

Deutsche Bank Aktiengesellschaft Price Performance

DB stock traded up $0.32 on Friday, reaching $19.09. The company had a trading volume of 1,048,849 shares, compared to its average volume of 976,150. Deutsche Bank Aktiengesellschaft has a 1 year low of $12.43 and a 1 year high of $19.14. The company has a market cap of $38.02 billion, a P/E ratio of 9.79 and a beta of 1.20. The company’s fifty day moving average is $17.30 and its 200 day moving average is $16.74. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Park Avenue Securities LLC increased its stake in Deutsche Bank Aktiengesellschaft by 5.1% during the 4th quarter. Park Avenue Securities LLC now owns 23,083 shares of the bank’s stock worth $394,000 after buying an additional 1,113 shares during the period. Rhumbline Advisers increased its position in shares of Deutsche Bank Aktiengesellschaft by 4.3% in the 2nd quarter. Rhumbline Advisers now owns 30,018 shares of the bank’s stock worth $478,000 after purchasing an additional 1,230 shares during the last quarter. Versant Capital Management Inc acquired a new stake in Deutsche Bank Aktiengesellschaft during the fourth quarter valued at approximately $26,000. US Bancorp DE increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 3.5% in the 3rd quarter. US Bancorp DE now owns 46,587 shares of the bank’s stock valued at $806,000 after acquiring an additional 1,590 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its stake in Deutsche Bank Aktiengesellschaft by 9.7% during the fourth quarter. Atomi Financial Group Inc. now owns 19,810 shares of the bank’s stock worth $338,000 after purchasing an additional 1,749 shares during the last quarter. Hedge funds and other institutional investors own 27.90% of the company’s stock.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.