Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Up 424.1% in January

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 15,200 shares, a growth of 424.1% from the January 15th total of 2,900 shares. Based on an average daily trading volume, of 256,500 shares, the days-to-cover ratio is presently 0.1 days.

Deutsche Lufthansa Price Performance

Shares of Deutsche Lufthansa stock opened at $6.89 on Thursday. The company has a market capitalization of $8.26 billion, a price-to-earnings ratio of 6.55, a PEG ratio of 1.09 and a beta of 1.20. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17. The stock’s 50-day simple moving average is $6.46 and its 200-day simple moving average is $6.60. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.16.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Stifel Nicolaus raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Finally, Morgan Stanley upgraded shares of Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

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.