Deutsche Lufthansa AG (OTCMKTS:DLAKY) Sees Significant Growth in Short Interest

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 29,800 shares, a growth of 351.5% from the March 31st total of 6,600 shares. Based on an average daily trading volume, of 85,800 shares, the short-interest ratio is currently 0.3 days.

Deutsche Lufthansa Stock Up 0.5 %

OTCMKTS DLAKY traded up $0.04 on Friday, reaching $7.24. The company had a trading volume of 20,387 shares, compared to its average volume of 48,480. The firm has a market capitalization of $8.67 billion, a price-to-earnings ratio of 4.99, a price-to-earnings-growth ratio of 1.38 and a beta of 1.25. 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 has a 1-year low of $6.70 and a 1-year high of $10.78. The company’s fifty day moving average is $7.55 and its 200-day moving average is $8.00.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its earnings results on Thursday, March 7th. The transportation company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The firm had revenue of $9.43 billion during the quarter. Deutsche Lufthansa had a net margin of 4.76% and a return on equity of 22.19%. On average, research analysts forecast that Deutsche Lufthansa will post 1.19 earnings per share for the current fiscal year.

Deutsche Lufthansa Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, May 20th. Investors of record on Thursday, May 9th will be paid a $0.2193 dividend. The ex-dividend date is Wednesday, May 8th.

Wall Street Analyst Weigh In

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

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.