Deutsche Telekom AG (OTCMKTS:DTEGY) Sees Significant Increase in Short Interest

Deutsche Telekom AG (OTCMKTS:DTEGY) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 74,800 shares, a growth of 924.7% from the May 31st total of 7,300 shares. Based on an average daily trading volume, of 915,400 shares, the short-interest ratio is presently 0.1 days.

Deutsche Telekom Stock Up 0.9 %

OTCMKTS:DTEGY opened at $25.19 on Friday. The company has a 50-day moving average price of $23.91 and a 200-day moving average price of $24.00. Deutsche Telekom has a 12 month low of $20.24 and a 12 month high of $25.64. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 1.05.

Deutsche Telekom (OTCMKTS:DTEGY) last posted its earnings results on Thursday, May 16th. The utilities provider reported $0.49 EPS for the quarter. Deutsche Telekom had a net margin of 4.04% and a return on equity of 6.84%. The firm had revenue of $30.34 billion during the quarter. On average, research analysts expect that Deutsche Telekom will post 1.92 earnings per share for the current year.

Deutsche Telekom Increases Dividend

The business also recently announced a dividend, which was paid on Monday, April 22nd. Stockholders of record on Monday, April 15th were given a $0.8054 dividend. This is a boost from Deutsche Telekom’s previous dividend of $0.72. The ex-dividend date was Friday, April 12th.

Deutsche Telekom Company Profile

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.