Deutsche Lufthansa AG (OTCMKTS:DLAKY) Short Interest Up 424.1% in January

Deutsche Lufthansa AG (OTCMKTS:DLAKY) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 15,200 shares, an increase of 424.1% from the January 15th total of 2,900 shares. Based on an average trading volume of 256,500 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Stifel Nicolaus raised shares of Deutsche Lufthansa from a “sell” rating to a “hold” rating in a research report on Thursday, October 17th. Citigroup raised Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, January 8th. Finally, Morgan Stanley upgraded Deutsche Lufthansa from an “underweight” rating to an “equal weight” rating in a research report on Tuesday, November 5th. Three equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Deutsche Lufthansa currently has an average rating of “Moderate Buy”.

Deutsche Lufthansa Stock Performance

Shares of OTCMKTS DLAKY opened at $6.89 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.17. Deutsche Lufthansa has a 12-month low of $5.69 and a 12-month high of $8.16. The firm has a market capitalization of $8.26 billion, a price-to-earnings ratio of 6.55, a price-to-earnings-growth ratio of 1.09 and a beta of 1.20. The firm has a 50 day moving average of $6.46 and a 200 day moving average of $6.60.

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.