Short Interest in Deutsche Lufthansa AG (OTCMKTS:DLAKY) Rises By 351.5%

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 29,800 shares, an increase of 351.5% from the March 31st total of 6,600 shares. Based on an average daily trading volume, of 85,800 shares, the short-interest ratio is currently 0.3 days.

Deutsche Lufthansa Stock Performance

Shares of Deutsche Lufthansa stock traded up $0.04 on Friday, hitting $7.24. 20,387 shares of the company’s stock were exchanged, compared to its average volume of 43,568. The stock has a market capitalization of $8.67 billion, a PE ratio of 4.99, a PEG ratio of 1.38 and a beta of 1.25. Deutsche Lufthansa has a 1 year low of $6.70 and a 1 year high of $10.78. The company has a 50-day simple moving average of $7.55 and a 200-day simple moving average of $8.00. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.85.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its earnings results on Thursday, March 7th. The transportation company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. The firm had revenue of $9.43 billion during the quarter. Deutsche Lufthansa had a return on equity of 22.19% and a net margin of 4.76%. As a group, equities analysts anticipate that Deutsche Lufthansa will post 1.19 EPS for the current year.

Deutsche Lufthansa Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, May 20th. Shareholders of record on Thursday, May 9th will be paid a $0.2193 dividend. The ex-dividend date of this dividend is Wednesday, May 8th.

Analysts Set New Price Targets

DLAKY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Deutsche Lufthansa in a research report on Wednesday, March 27th. Barclays reissued an “equal weight” rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th.

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.