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

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 7,130,000 shares, an increase of 19.2% from the December 31st total of 5,980,000 shares. Based on an average trading volume of 1,490,000 shares, the short-interest ratio is presently 4.8 days. Approximately 0.4% of the shares of the company are short sold.

Deutsche Bank Aktiengesellschaft Stock Performance

Shares of DB traded down $0.22 during midday trading on Friday, hitting $19.53. 1,618,790 shares of the stock traded hands, compared to its average volume of 1,597,496. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.78 and a current ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 1-year low of $12.43 and a 1-year high of $20.45. The business’s 50 day moving average price is $17.90 and its two-hundred day moving average price is $16.95. The firm has a market capitalization of $38.89 billion, a PE ratio of 10.01 and a beta of 1.20.

Deutsche Bank Aktiengesellschaft (NYSE:DBGet Free Report) last announced its quarterly earnings results on Thursday, January 30th. The bank reported $0.16 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.27). Deutsche Bank Aktiengesellschaft had a net margin of 6.40% and a return on equity of 5.35%. Equities research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DB. Versant Capital Management Inc acquired a new stake in Deutsche Bank Aktiengesellschaft in the fourth quarter worth about $26,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Deutsche Bank Aktiengesellschaft in the 3rd quarter worth approximately $43,000. Activest Wealth Management bought a new position in shares of Deutsche Bank Aktiengesellschaft in the fourth quarter valued at approximately $86,000. Allworth Financial LP increased its stake in shares of Deutsche Bank Aktiengesellschaft by 3,738.1% during the third quarter. Allworth Financial LP now owns 8,252 shares of the bank’s stock valued at $143,000 after acquiring an additional 8,037 shares during the period. Finally, Legacy Capital Group California Inc. bought a new stake in Deutsche Bank Aktiengesellschaft during the third quarter worth approximately $195,000. Institutional investors own 27.90% of the company’s stock.

Analyst Ratings Changes

DB has been the subject of a number of recent research reports. The Goldman Sachs Group raised shares of Deutsche Bank Aktiengesellschaft to a “strong-buy” rating in a research report on Thursday. StockNews.com raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Tuesday, January 28th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Check Out Our Latest Research Report on DB

About Deutsche Bank Aktiengesellschaft

(Get Free Report)

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.

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