Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Update

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 42,700 shares, a growth of 40.0% from the October 15th total of 30,500 shares. Based on an average trading volume of 87,300 shares, the short-interest ratio is presently 0.5 days.

Deutsche Lufthansa Trading Up 5.5 %

OTCMKTS:DLAKY traded up $0.36 on Friday, hitting $6.85. The company’s stock had a trading volume of 58,234 shares, compared to its average volume of 65,158. Deutsche Lufthansa has a one year low of $6.05 and a one year high of $9.27. The firm has a market capitalization of $8.21 billion, a P/E ratio of 8.25, a price-to-earnings-growth ratio of 1.24 and a beta of 1.24. The stock has a fifty day moving average of $6.92 and a two-hundred day moving average of $6.72.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on DLAKY shares. Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Barclays raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 1st. Citigroup lowered shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday, October 15th. Finally, Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a strong buy rating to the stock. According to MarketBeat, Deutsche Lufthansa presently has an average rating of “Hold”.

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.