Deutsche Bank Aktiengesellschaft (NYSE:DB) Shorted Shares...

Deutsche Bank Aktiengesellschaft (NYSEB) Shorted Shares Increased 18.67% After Market Selling

http://www.engelwooddaily.com/deuts...-increased-18-67-after-market-selling/383468/

The stock of Deutsche Bank Aktiengesellschaft (NYSEB) registered an increase of 18.67% in short interest. DB’s total short interest was 20.88M shares in June as published by FINRA. Its up 18.67% from 17.60 million shares, reported previously. With 4.01M shares average volume, it will take short sellers 5 days to cover their DB’s short positions. The short interest to Deutsche Bank Aktiengesellschaft’s float is 1.68%. The stock decreased 17.49% or $3.12 on June 24, hitting $14.72. About 18.29 million shares traded hands or 367.77% up from the average. Deutsche Bank AG (USA) (NYSEB) has declined 43.69% since November 18, 2015 and is downtrending. It has underperformed by 41.47% the S&P500.

That's a lot of down volume on Friday but short interest of 1.68% doesn't seem particularly high to me. Given the bank has short to medium term capital problems from the reports that I had read before Brexit and given the current market uncertainty I would have expected more short activity. Could it be that professional investors won't short a company that may fail and need rescuing or is the market saying that Deutsche is manageable from here?

Eshmun