Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Up 458.7% in March

Deutsche Telekom AG (OTCMKTS:DTEGY) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 102,800 shares, an increase of 458.7% from the March 15th total of 18,400 shares. Based on an average trading volume of 176,300 shares, the short-interest ratio is presently 0.6 days.

Shares of DTEGY stock opened at $19.28 on Thursday. The firm has a market cap of $91.80 billion, a price-to-earnings ratio of 25.71, a PEG ratio of 4.33 and a beta of 0.68. The company’s 50 day moving average is $19.32 and its 200 day moving average is $18.06. The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 1.32. Deutsche Telekom has a 52-week low of $13.08 and a 52-week high of $21.00.

The firm also recently disclosed a dividend, which will be paid on Thursday, April 15th. Investors of record on Wednesday, April 7th will be issued a dividend of $1.3908 per share. This represents a yield of 6.85%. The ex-dividend date of this dividend is Tuesday, April 6th. Deutsche Telekom’s payout ratio is 60.19%.

DTEGY has been the topic of a number of research reports. UBS Group reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Monday, March 15th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Deutsche Telekom in a research report on Friday, February 5th. Zacks Investment Research lowered shares of Deutsche Telekom from a “hold” rating to a “sell” rating in a research report on Friday, April 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Deutsche Telekom in a research report on Wednesday, December 16th. Finally, Maxim Group raised shares of Deutsche Telekom from a “neutral” rating to a “buy” rating in a research report on Wednesday, March 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $20.00.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through five segments: Germany, United States, Europe, Systems Solutions, and Group Development. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.

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