Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 27,600 shares, an increase of 90.3% from the May 31st total of 14,500 shares. Based on an average trading volume of 131,700 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Stifel Nicolaus cut Deutsche Lufthansa from a “buy” rating to a “hold” rating in a research report on Thursday, June 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Deutsche Lufthansa in a research report on Wednesday, March 27th.

Deutsche Lufthansa Stock Performance

DLAKY stock remained flat at $6.12 during trading on Friday. 126,277 shares of the company were exchanged, compared to its average volume of 58,125. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 1.03. The firm’s 50-day moving average is $6.96 and its 200 day moving average is $7.65. Deutsche Lufthansa has a 52-week low of $6.06 and a 52-week high of $10.33. The stock has a market cap of $7.33 billion, a P/E ratio of 5.06, a P/E/G ratio of 1.57 and a beta of 1.20.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Tuesday, April 30th. The transportation company reported ($0.66) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.73) by $0.07. The company had revenue of $8.03 billion during the quarter. Deutsche Lufthansa had a net margin of 3.94% and a return on equity of 17.33%. As a group, equities research analysts forecast that Deutsche Lufthansa will post 1.29 EPS for the current year.

Deutsche Lufthansa Dividend Announcement

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

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.