Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 62.2% in March

Deutsche Lufthansa AG (OTCMKTS:DLAKY) saw a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 3,100 shares, a decrease of 62.2% from the February 28th total of 8,200 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 267,300 shares, the short-interest ratio is presently 0.0 days.

Deutsche Lufthansa Trading Down 2.9 %

Shares of Deutsche Lufthansa stock traded down $0.23 on Friday, hitting $7.52. 37,367 shares of the company traded hands, compared to its average volume of 108,356. Deutsche Lufthansa has a 52 week low of $5.69 and a 52 week high of $8.78. The company has a market cap of $9.01 billion, a PE ratio of 9.06, a PEG ratio of 1.07 and a beta of 1.16. The stock’s 50 day moving average price is $7.20 and its 200-day moving average price is $6.88. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Finally, Barclays lowered shares of Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, March 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

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.