Short Interest in Deutsche Bank Aktiengesellschaft (NYSE:DB) Increases By 21.5%

Deutsche Bank Aktiengesellschaft (NYSE:DB) was the recipient of a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 6,414,347 shares, an increase of 21.5% from the January 29th total of 5,280,611 shares. Based on an average daily volume of 3,516,640 shares, the short-interest ratio is currently 1.8 days. Currently, 0.3% of the shares of the company are short sold. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 3,516,640 shares, the short-interest ratio is currently 1.8 days.

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $33.07 on Wednesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.76 and a quick ratio of 0.78. Deutsche Bank Aktiengesellschaft has a 52-week low of $18.89 and a 52-week high of $40.43. The business’s fifty day moving average is $37.92 and its 200-day moving average is $36.61.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its quarterly earnings data on Thursday, January 29th. The bank reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.16. The business had revenue of $8.99 billion during the quarter, compared to analysts’ expectations of $7.71 billion. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. Sell-side analysts forecast that Deutsche Bank Aktiengesellschaft will post 2.93 earnings per share for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st will be paid a $1.00 dividend. This represents a dividend yield of 251.0%. The ex-dividend date is Monday, June 1st. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51.

Analyst Upgrades and Downgrades

Several brokerages recently commented on DB. Zacks Research downgraded shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Morgan Stanley restated an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 8th. Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research note on Thursday, January 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Wednesday, January 21st. Finally, Wall Street Zen raised Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Deutsche Bank Aktiengesellschaft currently has an average rating of “Hold”.

Institutional Trading of Deutsche Bank Aktiengesellschaft

Several large investors have recently bought and sold shares of the business. Root Financial Partners LLC bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the 3rd quarter valued at approximately $27,000. Salomon & Ludwin LLC boosted its position in Deutsche Bank Aktiengesellschaft by 2,807.4% in the third quarter. Salomon & Ludwin LLC now owns 785 shares of the bank’s stock valued at $28,000 after buying an additional 758 shares in the last quarter. Triumph Capital Management bought a new stake in shares of Deutsche Bank Aktiengesellschaft during the third quarter worth $32,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of Deutsche Bank Aktiengesellschaft by 61.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 1,081 shares of the bank’s stock worth $38,000 after buying an additional 413 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Deutsche Bank Aktiengesellschaft by 178.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the bank’s stock valued at $40,000 after acquiring an additional 881 shares during the last quarter. 27.90% of the stock is owned by institutional investors and hedge funds.

Deutsche Bank Aktiengesellschaft Company Profile

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.