Short Interest in Deutsche Post AG (OTCMKTS:DHLGY) Drops By 61.2%

Deutsche Post AG (OTCMKTS:DHLGY - Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 10,800 shares, a drop of 61.2% from the March 15th total of 27,800 shares. Based on an average daily trading volume, of 220,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Deutsche Post Stock Performance

DHLGY stock traded down $0.13 during trading on Friday, reaching $40.68. 84,013 shares of the stock were exchanged, compared to its average volume of 263,702. Deutsche Post has a twelve month low of $33.89 and a twelve month high of $48.00. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 0.79. The company has a market capitalization of $48.82 billion, a P/E ratio of 13.93, a price-to-earnings-growth ratio of 2.19 and a beta of 1.20. The stock has a 50 day simple moving average of $41.51 and a 200-day simple moving average of $38.85.

Deutsche Post (OTCMKTS:DHLGY - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.05. The company had revenue of $24.22 billion for the quarter, compared to analyst estimates of $22.27 billion. Deutsche Post had a return on equity of 13.93% and a net margin of 3.88%. As a group, sell-side analysts anticipate that Deutsche Post will post 3.01 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Hsbc Global Res cut Deutsche Post from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 7th.

About Deutsche Post

Deutsche Post AG operates as a mail and logistics company in Germany, rest of Europe, the Americas, the Asia Pacific, the Middle East, and Africa. The company operates through five segments: Express; Global Forwarding, Freight; Supply Chain; eCommerce Solutions; and Post & Parcel Germany. The Express segment offers time-definite courier and express services to business and private customers.