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 in the month of February. As of February 15th, there was short interest totalling 22,700 shares, a growth of 49.3% from the January 31st total of 15,200 shares. Based on an average daily trading volume, of 142,700 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Sanford C. Bernstein upgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 12th. Finally, Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Deutsche Lufthansa Stock Up 2.0 %

OTCMKTS:DLAKY traded up $0.14 on Tuesday, reaching $7.22. 203,105 shares of the stock traded hands, compared to its average volume of 120,320. The company’s fifty day simple moving average is $6.50 and its 200 day simple moving average is $6.67. The company has a market capitalization of $8.65 billion, a price-to-earnings ratio of 8.70, a PEG ratio of 1.07 and a beta of 1.20. Deutsche Lufthansa has a 12 month low of $5.69 and a 12 month high of $8.16. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17.

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.