Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Short Interest Update

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 10,970 shares, an increase of 297.8% from the June 30th total of 2,758 shares. Based on an average daily volume of 73,853 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Daimler Truck Trading Up 0.1%

OTCMKTS DTRUY traded up $0.02 on Friday, hitting $26.11. 39,978 shares of the stock traded hands, compared to its average volume of 39,210. The stock has a 50-day moving average of $24.13 and a 200 day moving average of $24.45. Daimler Truck has a twelve month low of $19.43 and a twelve month high of $26.45.

Wall Street Analysts Forecast Growth

DTRUY has been the subject of several research analyst reports. Zacks Research cut Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a report on Thursday. Citigroup reiterated a “buy” rating on shares of Daimler Truck in a research note on Wednesday, July 1st. Finally, Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average 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.