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

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 29,800 shares, an increase of 351.5% from the March 31st total of 6,600 shares. Based on an average trading volume of 85,800 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DLAKY. Barclays reissued an “equal weight” rating on shares of Deutsche Lufthansa in a research note on Monday, February 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Deutsche Lufthansa in a report on Wednesday, March 27th.

Deutsche Lufthansa Stock Up 0.5 %

Shares of DLAKY traded up $0.04 during mid-day trading on Friday, reaching $7.24. The company’s stock had a trading volume of 20,387 shares, compared to its average volume of 48,480. The company’s 50 day moving average is $7.55 and its 200 day moving average is $8.00. The stock has a market cap of $8.67 billion, a PE ratio of 4.99, a price-to-earnings-growth ratio of 1.38 and a beta of 1.25. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.85 and a quick ratio of 0.80. Deutsche Lufthansa has a 12-month low of $6.70 and a 12-month high of $10.78.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings results on Thursday, March 7th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.06. The firm had revenue of $9.43 billion for the quarter. Deutsche Lufthansa had a return on equity of 22.19% and a net margin of 4.76%. Equities analysts anticipate that Deutsche Lufthansa will post 1.19 EPS for the current fiscal year.

Deutsche Lufthansa Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Shareholders of record on Thursday, May 9th will be given a dividend of $0.2193 per share. The ex-dividend date of this dividend is Wednesday, May 8th.

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.