Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Short Interest Down 98.5% in May

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 569 shares, a decline of 98.5% from the April 30th total of 37,592 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 81,530 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

A number of research analysts have commented on the company. DZ Bank upgraded Daimler Truck from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 16th. Zacks Research cut Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research note on Thursday, February 19th. Citigroup restated a “buy” rating on shares of Daimler Truck in a research note on Friday, May 8th. Finally, Kepler Capital Markets cut Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Daimler Truck Stock Down 0.8%

Shares of OTCMKTS DTRUY traded down $0.21 during midday trading on Friday, reaching $24.49. 29,419 shares of the company’s stock were exchanged, compared to its average volume of 78,641. Daimler Truck has a 52-week low of $19.43 and a 52-week high of $26.45. The business’s fifty day moving average price is $24.50 and its two-hundred day moving average price is $23.67.

Daimler Truck Company Profile

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.