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

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

Wall Street Analysts Forecast Growth

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

Deutsche Lufthansa Stock Down 2.9 %

Shares of OTCMKTS DLAKY traded down $0.23 during trading hours on Friday, hitting $7.52. 37,367 shares of the stock were exchanged, compared to its average volume of 108,356. Deutsche Lufthansa has a 12 month low of $5.69 and a 12 month high of $8.78. The firm has a fifty day moving average price of $7.20 and a 200-day moving average price of $6.88. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17. 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.

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.