Deutsche Lufthansa AG (OTCMKTS:DLAKY) Sees Significant Increase in Short Interest

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 14,500 shares, an increase of 9.8% from the May 15th total of 13,200 shares. Based on an average daily volume of 111,100 shares, the days-to-cover ratio is presently 0.1 days.

Deutsche Lufthansa Stock Up 0.8 %

Shares of OTCMKTS DLAKY traded up $0.05 during trading on Tuesday, reaching $6.41. 139,426 shares of the stock were exchanged, compared to its average volume of 61,393. The business’s 50-day moving average price is $7.13 and its 200 day moving average price is $7.80. Deutsche Lufthansa has a twelve month low of $6.28 and a twelve month high of $10.38. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $7.67 billion, a price-to-earnings ratio of 4.51, a price-to-earnings-growth ratio of 2.74 and a beta of 1.20.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its earnings results on Tuesday, April 30th. The transportation company reported ($0.66) EPS 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. As a group, equities analysts forecast that Deutsche Lufthansa will post 1.22 EPS for the current fiscal year.

Deutsche Lufthansa Announces Dividend

The company also recently announced a dividend, which was paid on Monday, May 20th. Stockholders 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 currently 18.18%.

Analysts Set New Price Targets

DLAKY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Deutsche Lufthansa in a report on Wednesday, March 27th. Barclays reiterated an “equal weight” rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th.

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.