Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Up 21.6% in August

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant increase in short interest in 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 volume of 149,600 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Morgan Stanley lowered Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 10th. Stifel Nicolaus downgraded shares of Deutsche Lufthansa from a “hold” rating to a “sell” rating in a research note on Monday, July 15th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

Deutsche Lufthansa Price Performance

Shares of DLAKY stock traded up $0.05 during trading hours on Tuesday, reaching $6.60. 30,526 shares of the company’s stock were exchanged, compared to its average volume of 69,078. Deutsche Lufthansa has a 1 year low of $6.05 and a 1 year high of $9.27. The company has a market cap of $7.90 billion, a P/E ratio of 5.46, a price-to-earnings-growth ratio of 2.59 and a beta of 1.24. The company’s 50 day moving average is $6.37 and its two-hundred day moving average is $6.86.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings results 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 during the quarter. Deutsche Lufthansa had a net margin of 2.73% and a return on equity of 11.45%. As a group, analysts predict that Deutsche Lufthansa will post 0.92 EPS for the current fiscal year.

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.