Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Up 924.7% in June

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 74,800 shares, a growth of 924.7% from the May 31st total of 7,300 shares. Based on an average daily trading volume, of 915,400 shares, the short-interest ratio is presently 0.1 days.

Deutsche Telekom Price Performance

DTEGY traded up $0.10 on Friday, reaching $24.96. The company had a trading volume of 112,233 shares, compared to its average volume of 452,157. The company’s fifty day moving average is $23.80 and its 200 day moving average is $23.99. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 1.05. Deutsche Telekom has a fifty-two week low of $20.24 and a fifty-two week high of $25.64.

Deutsche Telekom (OTCMKTS:DTEGY) last announced its earnings results on Thursday, May 16th. The utilities provider reported $0.49 earnings per share for the quarter. Deutsche Telekom had a return on equity of 6.84% and a net margin of 4.04%. The company had revenue of $30.34 billion for the quarter. On average, analysts forecast that Deutsche Telekom will post 1.92 earnings per share for the current year.

Deutsche Telekom Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, April 22nd. Investors of record on Monday, April 15th were paid a $0.8054 dividend. The ex-dividend date of this dividend was Friday, April 12th. This is an increase from Deutsche Telekom’s previous dividend of $0.72.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.