Deutsche Bank Aktiengesellschaft (NYSE:DB) Short Interest Up 19.2% in December

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 7,130,000 shares, a growth of 19.2% from the December 15th total of 5,980,000 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is presently 4.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its position in shares of Deutsche Bank Aktiengesellschaft by 332.0% during the 3rd quarter. Wellington Management Group LLP now owns 2,194,855 shares of the bank’s stock worth $37,964,000 after acquiring an additional 1,686,776 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Deutsche Bank Aktiengesellschaft by 77.2% during the 3rd quarter. Cerity Partners LLC now owns 98,381 shares of the bank’s stock worth $1,703,000 after acquiring an additional 42,860 shares in the last quarter. Ritholtz Wealth Management boosted its position in shares of Deutsche Bank Aktiengesellschaft by 10.9% during the 4th quarter. Ritholtz Wealth Management now owns 162,545 shares of the bank’s stock worth $2,771,000 after acquiring an additional 15,917 shares in the last quarter. Vanderbilt University acquired a new position in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter worth about $525,000. Finally, Sienna Gestion acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 2nd quarter valued at about $10,365,000. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Stock Up 1.7 %

DB traded up $0.32 on Friday, hitting $19.09. 1,048,849 shares of the company were exchanged, compared to its average volume of 976,150. Deutsche Bank Aktiengesellschaft has a twelve month low of $12.43 and a twelve month high of $19.14. The company has a market cap of $38.02 billion, a price-to-earnings ratio of 9.79 and a beta of 1.20. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 1.47. The firm has a 50-day moving average price of $17.30 and a two-hundred day moving average price of $16.74.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Deutsche Bank Aktiengesellschaft from a “buy” rating to a “hold” rating in a report on Thursday. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, Deutsche Bank Aktiengesellschaft presently has an average rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.