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

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 14,500 shares, a growth of 9.8% from the May 15th total of 13,200 shares. Based on an average trading volume of 111,100 shares, the short-interest ratio is currently 0.1 days.

Deutsche Lufthansa Stock Performance

OTCMKTS:DLAKY opened at $6.47 on Wednesday. The company has a fifty day moving average of $7.10 and a two-hundred day moving average of $7.78. Deutsche Lufthansa has a fifty-two week low of $6.28 and a fifty-two week high of $10.38. The stock has a market capitalization of $7.74 billion, a PE ratio of 5.35, a P/E/G ratio of 2.74 and a beta of 1.20. 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 issued its quarterly earnings results on Tuesday, April 30th. The transportation company reported ($0.66) EPS for the quarter, topping the consensus estimate of ($0.73) by $0.07. The firm had revenue of $8.03 billion during the quarter. Deutsche Lufthansa had a return on equity of 17.33% and a net margin of 3.94%. As a group, research analysts forecast that Deutsche Lufthansa will post 1.22 earnings per share for the current fiscal year.

Deutsche Lufthansa Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, May 20th. Investors of record on Thursday, May 9th were given a dividend of $0.2193 per share. The ex-dividend date was Wednesday, May 8th. Deutsche Lufthansa’s payout ratio is 18.18%.

Analyst Ratings Changes

Several equities analysts recently issued reports on DLAKY shares. Barclays reissued an “equal weight” rating on shares of Deutsche Lufthansa in a research report on Monday, February 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Deutsche Lufthansa in a report on Wednesday, March 27th.

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.