Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 63.9% in February

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 8,200 shares, a decrease of 63.9% from the February 13th total of 22,700 shares. Based on an average trading volume of 117,500 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Deutsche Lufthansa Stock Performance

DLAKY stock traded up $0.18 on Friday, reaching $8.18. The company’s stock had a trading volume of 68,437 shares, compared to its average volume of 121,119. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.78. The company has a market capitalization of $9.80 billion, a P/E ratio of 9.86, a price-to-earnings-growth ratio of 1.07 and a beta of 1.16. The firm has a fifty day moving average of $6.79 and a two-hundred day moving average of $6.78. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.77.

Wall Street Analyst Weigh In

A number of brokerages have commented on DLAKY. Citigroup upgraded Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Barclays lowered Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday. Finally, Sanford C. Bernstein raised Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

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.