Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Short Interest Up 126.1% in July

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 24,799 shares, an increase of 126.1% from the July 15th total of 10,970 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 68,754 shares, the days-to-cover ratio is currently 0.4 days.

Daimler Truck Trading Up 0.0%

Shares of OTCMKTS DTRUY opened at $26.07 on Friday. Daimler Truck has a one year low of $19.43 and a one year high of $28.73. The firm’s 50 day simple moving average is $25.16 and its two-hundred day simple moving average is $24.83.

Daimler Truck (OTCMKTS:DTRUY) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). The firm had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.29 billion. On average, equities analysts anticipate that Daimler Truck will post 1.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Daimler Truck in a research note on Thursday. Citigroup restated a “buy” rating on shares of Daimler Truck in a research note on Wednesday. Barclays raised Daimler Truck from a “hold” rating to an “overweight” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a research report on Thursday, July 23rd. Finally, Kepler Capital Markets raised Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

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.