Deutsche Bank AG (NYSE:DB) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 39,964,187 shares, an increase of 14.5% from the August 15th total of 34,910,996 shares. Approximately 2.0% of the company’s stock are short sold. Based on an average daily volume of 3,772,135 shares, the days-to-cover ratio is presently 10.6 days.

Deutsche Bank AG (DB) opened at 16.54 on Friday. The stock’s market capitalization is $34.16 billion. Deutsche Bank AG has a 1-year low of $11.19 and a 1-year high of $20.94. The firm has a 50-day moving average of $16.84 and a 200-day moving average of $17.74.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of Deutsche Bank AG by 83.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 6,132 shares of the bank’s stock worth $109,000 after buying an additional 2,793 shares during the last quarter. San Francisco Sentry Investment Group CA purchased a new position in shares of Deutsche Bank AG in the second quarter worth approximately $130,000. Sei Investments Co. boosted its holdings in shares of Deutsche Bank AG by 49.9% in the second quarter. Sei Investments Co. now owns 8,278 shares of the bank’s stock worth $147,000 after buying an additional 2,757 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Deutsche Bank AG in the first quarter worth approximately $186,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Deutsche Bank AG in the first quarter worth approximately $197,000. 22.52% of the stock is currently owned by institutional investors.

Several research analysts recently weighed in on DB shares. Keefe, Bruyette & Woods cut shares of Deutsche Bank AG from an “outperform” rating to a “market perform” rating in a report on Thursday, August 31st. Macquarie cut shares of Deutsche Bank AG from a “neutral” rating to an “underperform” rating in a report on Tuesday, August 15th. BidaskClub upgraded shares of Deutsche Bank AG from a “hold” rating to a “buy” rating in a report on Tuesday, July 11th. Barclays PLC restated a “neutral” rating on shares of Deutsche Bank AG in a report on Thursday, June 8th. Finally, ValuEngine cut shares of Deutsche Bank AG from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. Seven investment analysts have rated the stock with a sell rating, six have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $17.21.

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Deutsche Bank AG Company Profile

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