Short Interest in Daimler Truck Holding AG (OTCMKTS:DTRUY) Declines By 97.9%

Daimler Truck Holding AG (OTCMKTS:DTRUY) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, a decline of 97.9% from the March 15th total of 28,900 shares. Based on an average daily trading volume, of 38,200 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein assumed coverage on Daimler Truck in a report on Tuesday, April 1st. They issued an “underperform” rating for the company.

Daimler Truck Price Performance

Shares of OTCMKTS DTRUY traded up $0.25 during midday trading on Tuesday, reaching $19.01. 61,194 shares of the company traded hands, compared to its average volume of 38,046. The stock has a 50-day moving average price of $21.06 and a 200 day moving average price of $20.19. Daimler Truck has a 52 week low of $16.31 and a 52 week high of $24.44.

About Daimler Truck

Daimler Truck Holding AG manufactures and sells commercial trucks. The company was founded in 2021 and is based in Stuttgart, Germany.