Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 10,680 shares, a drop of 45.4% from the April 15th total of 19,564 shares. Based on an average trading volume of 3,727 shares, the days-to-cover ratio is presently 2.9 days.

Jenoptik Stock Performance

Shares of JNPKF traded down $1.54 on Friday, reaching $51.50. The company’s stock had a trading volume of 634 shares, compared to its average volume of 3,643. The stock’s 50 day simple moving average is $36.08 and its two-hundred day simple moving average is $27.90. Jenoptik has a 12-month low of $19.33 and a 12-month high of $53.25.

Analyst Upgrades and Downgrades

JNPKF has been the topic of a number of recent analyst reports. Oddo Bhf downgraded shares of Jenoptik to a “neutral” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Jenoptik in a report on Wednesday. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Jenoptik Company Profile

Jenoptik AG is a global photonics and optical technology group headquartered in Jena, Germany. Established in 1991 out of the optical components division of Carl Zeiss Jena following German reunification, the company has grown into a diversified provider of precision instruments and systems for a wide range of industries.

The company’s main business activities are organized into three divisions: Smart Mobility Solutions, Advanced Photonic Solutions and Light & Optics. In Smart Mobility Solutions, Jenoptik develops and supplies traffic enforcement cameras, automatic number plate recognition systems and tolling solutions for public authorities and transport agencies.