Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 73.9% in July

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 15,100 shares, a drop of 73.9% from the June 30th total of 57,900 shares. Based on an average trading volume of 203,700 shares, the short-interest ratio is currently 0.1 days.

Deutsche Lufthansa Stock Up 1.5 %

Shares of OTCMKTS:DLAKY traded up $0.09 during midday trading on Friday, reaching $6.46. The company’s stock had a trading volume of 78,370 shares, compared to its average volume of 96,949. The firm has a 50 day moving average of $6.58 and a 200-day moving average of $7.32. The firm has a market capitalization of $7.73 billion, a P/E ratio of 5.34, a PEG ratio of 2.26 and a beta of 1.23. Deutsche Lufthansa has a 12-month low of $6.06 and a 12-month high of $10.14.

Deutsche Lufthansa (OTCMKTS:DLAKY) last announced its quarterly earnings data on Tuesday, April 30th. The transportation company reported ($0.66) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.73) by $0.07. Deutsche Lufthansa had a net margin of 3.94% and a return on equity of 17.33%. The business had revenue of $8.03 billion for the quarter. On average, research analysts predict that Deutsche Lufthansa will post 1.03 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on DLAKY shares. Morgan Stanley downgraded Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Wednesday, July 10th. Stifel Nicolaus cut Deutsche Lufthansa from a “hold” rating to a “sell” rating in a research note on Monday, July 15th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. According to data from MarketBeat, Deutsche Lufthansa presently has an average rating of “Reduce”.

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.