Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 88.7% in December

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 600 shares, a drop of 88.7% from the December 15th total of 5,300 shares. Based on an average daily trading volume, of 151,400 shares, the short-interest ratio is currently 0.0 days.

Deutsche Lufthansa Stock Performance

Shares of OTCMKTS:DLAKY traded down $0.08 on Monday, hitting $5.73. The company’s stock had a trading volume of 270,037 shares, compared to its average volume of 164,662. The company has a market capitalization of $6.87 billion, a price-to-earnings ratio of 6.90, a price-to-earnings-growth ratio of 1.36 and a beta of 1.21. Deutsche Lufthansa has a 12 month low of $5.69 and a 12 month high of $8.50. The stock’s 50-day moving average is $6.57 and its two-hundred day moving average is $6.60.

Analysts Set New Price Targets

A number of research firms have issued reports on DLAKY. Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. Citigroup upgraded shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, January 8th. Finally, Barclays raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. Three investment analysts have rated the stock with a hold rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Deutsche Lufthansa presently has a consensus 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.