Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Down 72.0% in November

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the target of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 15,100 shares, a drop of 72.0% from the November 15th total of 53,900 shares. Based on an average daily volume of 111,900 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DLAKY shares. Stifel Nicolaus raised Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research note on Thursday, October 17th. Morgan Stanley raised Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Citigroup lowered Deutsche Lufthansa from a “strong-buy” rating to a “strong sell” rating in a report on Tuesday, October 15th. Finally, Barclays upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Deutsche Lufthansa Price Performance

OTCMKTS DLAKY traded up $0.04 during mid-day trading on Friday, reaching $7.08. 21,639 shares of the stock were exchanged, compared to its average volume of 65,084. Deutsche Lufthansa has a one year low of $6.05 and a one year high of $9.10. The stock has a market cap of $8.49 billion, a P/E ratio of 6.64, a P/E/G ratio of 1.32 and a beta of 1.21. The stock has a 50 day simple moving average of $6.85 and a 200-day simple moving average of $6.64.

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.