Deutsche Telekom AG (OTCMKTS:DTEGY) Short Interest Down 39.2% in December

Deutsche Telekom AG (OTCMKTS:DTEGY) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 60,900 shares, a decline of 39.2% from the November 30th total of 100,200 shares. Based on an average trading volume of 556,600 shares, the days-to-cover ratio is currently 0.1 days.

Deutsche Telekom Price Performance

OTCMKTS DTEGY opened at $30.12 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.08 and a current ratio of 1.15. The company has a market capitalization of $150.19 billion, a price-to-earnings ratio of 17.36, a PEG ratio of 1.33 and a beta of 0.72. The stock has a 50-day moving average of $30.73 and a 200 day moving average of $28.48. Deutsche Telekom has a one year low of $22.03 and a one year high of $32.47.

Wall Street Analyst Weigh In

Several analysts have issued reports on DTEGY shares. Citigroup upgraded shares of Deutsche Telekom to a “strong-buy” rating in a research report on Thursday, October 17th. UBS Group lowered shares of Deutsche Telekom from a “buy” rating to a “neutral” rating in a report on Tuesday, September 10th. Berenberg Bank raised Deutsche Telekom to a “strong-buy” rating in a research note on Thursday, September 19th. Finally, Barclays upgraded shares of Deutsche Telekom to a “strong-buy” rating in a report on Monday, November 18th.

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.