Deutsche Börse AG Experiences Major Short Interest Growth

Deutsche Börse AG (OTCMKTS:DBOEY) has experienced a substantial rise in short interest throughout January. On January 31st, short interest amounted to 31,600 shares, marking an impressive increase of 103.9% compared to the 15,500 shares recorded on January 15th. With an average daily trading volume of 96,200 shares, the current days-to-cover ratio stands at 0.3 days.

Deutsche Börse Stock Performance

During Thursday’s trading session, shares of Deutsche Börse traded up by 1.4%, reaching a price of $25.90. The company’s trading volume for the day was 35,760 shares, which is lower than its average volume of 68,057 shares. Over the past year, Deutsche Börse has seen a low of $19.11 and a high of $25.94. The company maintains a fifty-day simple moving average of $23.79 and a 200-day simple moving average of $22.92. Additionally, Deutsche Börse has a market capitalization of $48.77 billion, a price-to-earnings (P/E) ratio of 23.76, and a price-to-earnings-growth (PEG) ratio of 3.26. The stock’s beta is 0.87, indicating that it is less volatile than the market.

Company Overview

Deutsche Börse AG operates as a major exchange organization with a presence in Europe, America, and the Asia-Pacific region. It functions through four primary segments: Data & Analytics, Trading & Clearing, Fund Services, and Securities Services. The company is involved in trading various instruments, including derivatives, electricity and gas products, emission rights, foreign exchange, and commodities. Deutsche Börse also operates the European Energy Exchange (EEX) and 360T, an over-the-counter trading platform for financial instruments such as foreign exchange and money market products.

DeutscheBörse, Market, Stocks