Short Interest in Deutsche Lufthansa AG (OTCMKTS:DLAKY) Rises By 351.5%

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 29,800 shares, a growth 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 presently 0.3 days.

Deutsche Lufthansa Stock Up 0.5 %

DLAKY traded up $0.04 during trading on Friday, hitting $7.24. The company had a trading volume of 20,387 shares, compared to its average volume of 43,568. The company has a market capitalization of $8.67 billion, a PE ratio of 4.99, a PEG ratio of 1.38 and a beta of 1.25. Deutsche Lufthansa has a one year low of $6.70 and a one year high of $10.78. The firm’s 50-day moving average price is $7.55 and its 200 day moving average price is $8.00. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 1.03.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Thursday, March 7th. The transportation company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.20 by $0.06. The business had revenue of $9.43 billion for the quarter. Deutsche Lufthansa had a net margin of 4.76% and a return on equity of 22.19%. As a group, equities analysts expect that Deutsche Lufthansa will post 1.19 earnings per share for the current year.

Deutsche Lufthansa Announces Dividend

The firm also recently declared 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.

Wall Street Analysts Forecast Growth

A number of analysts have commented on DLAKY shares. Barclays reaffirmed an “equal weight” rating on shares of Deutsche Lufthansa in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Deutsche Lufthansa in a report on Wednesday, March 27th.

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.