Investors are a little more bearish on shares of Deutsche Bank Ag recently if you look at the motion in short interest. The stock had a rise in short interest of 13.08% as of October 31, 2017 from the last reporting period. Short shares grew from 40,649,134 to 45,965,288 over that period. With short interest at 45,965,288 and short average daily volume at 4,103,935, the short-interest ratio is 11.0 and the percentage of shorted shares was 0.02% on October 31.
Here are a few substantial investment firms who have updated their positions. As of quarter end Susquehanna International Group, Llp had disposed of 975,217 shares trimming its position 42.2%. The value of the company’s investment in Deutsche Bank Ag went from $39,667,000 to $23,774,000 a change of $15,893,000 since the last quarter. As of the end of the quarter Dreman Value Management, L L C had bought a total of 162 shares growing its holdings by 49.8%. The value in dollars increased from $6,000 to $9,000 increasing 50.0% quarter to quarter.
As of quarter end Advisory Services Network, LLC had acquired a total of 200 shares growing its stake by 66.0%. The value of the investment in Deutsche Bank Ag went from $5,000 to $9,000 a change of 80.0% for the reporting period. Vanguard Group Inc divested its position by shedding 276,140 shares a decrease of 69.6% as of 06/30/2017. Vanguard Group Inc now controls 120,507 shares worth $2,144,000. The value of the position overall is down by 68.5%.
On October 26, 2017 DZ Bank AG maintained a “Buy” rating on the company.
The company is so far trading up from yesterday’s close of 18.19. Deutsche Bank Ag currently has a P/E ratio of N/A and the market cap of the company is 38.10B. In the last earnings report the EPS was $-0.58 with 2.07B shares outstanding.
Deutsche Bank AG provides investment, financial, and related products and services worldwide. The company operates through Global Markets; Corporate & Investment Banking; Private, Wealth and Commercial Clients; Postbank, Deutsche Asset Management; and Non-Core Operations Unit segments. It offers a range of financial markets’ products, including bonds, equities and equity-linked products, exchange-traded and over-the-counter derivatives, foreign exchange, money market instruments, and securitized products, as well as mergers and acquisitions, and debt and equity advisory and origination services; and commercial banking, advisory banking, and financial services. The company also provides investment and insurance, mortgages, business products, consumer finance, payments, cards and accounts, deposits, and mid-cap related products, as well as life and non-life insurance products, and corporate pension schemes; payments, financing for international trade, lending, trust, agency, depositary, custody, and related services; invests in a range of asset classes, including equities, fixed income, real estate, infrastructure, private equity, and hedge funds; and offers customized wealth management solutions and private banking services, such as lending and discretionary portfolio management. As of December 31, 2015, it operated 2,790 branches in 70 countries. Deutsche Bank AG was founded in 1870 and is headquartered in Frankfurt am Main, Germany..