Deutsche Lufthansa AG (OTCMKTS:DLAKY) Sees Significant Increase in Short Interest

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 69,800 shares, an increase of 21.6% from the August 15th total of 57,400 shares. Based on an average daily trading volume, of 149,600 shares, the short-interest ratio is presently 0.5 days.

Deutsche Lufthansa Stock Up 1.5 %

DLAKY traded up $0.09 during trading on Friday, reaching $6.55. 93,602 shares of the stock traded hands, compared to its average volume of 69,295. The stock has a market capitalization of $7.84 billion, a PE ratio of 5.41, a P/E/G ratio of 2.59 and a beta of 1.24. The stock's 50-day moving average is $6.37 and its 200 day moving average is $6.88. Deutsche Lufthansa has a 12 month low of $6.05 and a 12 month high of $9.27.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last released its quarterly earnings data on Tuesday, July 30th. The transportation company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.44 by ($0.02). The company had revenue of $10.77 billion for the quarter. Deutsche Lufthansa had a return on equity of 11.45% and a net margin of 2.73%. As a group, equities research analysts anticipate that Deutsche Lufthansa will post 0.92 EPS for the current year.

Wall Street Analysts Forecast Growth

DLAKY has been the subject of several research analyst reports. Morgan Stanley downgraded shares of Deutsche Lufthansa from an "equal weight" rating to an "underweight" rating in a research report on Wednesday, July 10th. Stifel Nicolaus downgraded shares of Deutsche Lufthansa from a "hold" rating to a "sell" rating in a report on Monday, July 15th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Reduce".

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.