Short Interest in Deutsche Telekom AG (OTCMKTS:DTEGY) Rises By 32.5%

Deutsche Telekom AG (OTCMKTS:DTEGY) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 432,500 shares, a growth of 32.5% from the February 28th total of 326,400 shares. Based on an average daily volume of 1,601,000 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DTEGY. Hsbc Global Res lowered Deutsche Telekom from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. UBS Group raised Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 9th. One investment analyst has rated the stock with a hold rating and four have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Deutsche Telekom Stock Performance

Shares of DTEGY stock traded up $0.19 during trading on Monday, reaching $37.19. 365,752 shares of the company’s stock traded hands, compared to its average volume of 1,133,046. The firm’s 50-day moving average is $35.15 and its 200 day moving average is $32.01. The company has a market capitalization of $185.45 billion, a P/E ratio of 15.24, a PEG ratio of 1.35 and a beta of 0.77. Deutsche Telekom has a 1 year low of $22.03 and a 1 year high of $37.74. The company has a current ratio of 1.15, a quick ratio of 1.08 and a debt-to-equity ratio of 1.04.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its earnings results on Wednesday, February 26th. The utilities provider reported $0.51 earnings per share (EPS) for the quarter. The firm had revenue of $33 billion for the quarter. Deutsche Telekom had a return on equity of 7.65% and a net margin of 5.36%. Equities research analysts expect that Deutsche Telekom will post 1.86 EPS for the current year.

Deutsche Telekom Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, April 21st. Shareholders of record on Friday, April 11th will be issued a dividend of $0.9731 per share. The ex-dividend date is Friday, April 11th. This is a positive change from Deutsche Telekom’s previous dividend of $0.81. Deutsche Telekom’s payout ratio is presently 77.05%.

Deutsche Telekom Company Profile

Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.