Deutsche Telekom AG (OTCMKTS:DTEGY – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 38,000 shares, an increase of 24.6% from the August 31st total of 30,500 shares. Based on an average trading volume of 368,100 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analyst Weigh In
DTEGY has been the subject of a number of recent analyst reports. Berenberg Bank upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, September 19th. UBS Group lowered shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th.
Check Out Our Latest Stock Report on Deutsche Telekom
Deutsche Telekom Price Performance
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) last issued its earnings results on Thursday, August 8th. The utilities provider reported $0.54 EPS for the quarter. The business had revenue of $30.56 billion for the quarter. Deutsche Telekom had a net margin of 4.48% and a return on equity of 7.51%. As a group, analysts predict that Deutsche Telekom will post 1.96 EPS for the current year.
About Deutsche Telekom
Deutsche Telekom AG, together with its subsidiaries, provides integrated telecommunication services. The company operates through Germany, United States, Europe, Systems Solutions, Group Development, and Group Headquarters and Group Services segments. It offers fixed-network services, including voice and data communication services based on fixed-network and broadband technology; and sells terminal equipment and other hardware products, as well as services to resellers.
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