Traton SE (OTCMKTS:TRATF) Short Interest Up 52.0% in September

Traton SE (OTCMKTS:TRATF) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,097,700 shares, a growth of 52.0% from the August 31st total of 722,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 10,977.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 10,977.0 days.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a “neutral” rating on shares of Traton in a research note on Tuesday, August 5th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Traton currently has a consensus rating of “Hold”.

Traton Stock Performance

Shares of OTCMKTS TRATF opened at $32.73 on Thursday. The stock’s 50 day moving average price is $35.81 and its two-hundred day moving average price is $34.21. Traton has a 52-week low of $26.80 and a 52-week high of $41.21.

Traton Company Profile

Traton SE manufactures and sells commercial vehicles worldwide. It operates in Industrial Business and Financial Services segments. The company offers light- to heavy-duty trucks for distributors, long-distance vans, and construction vehicles, as well as city buses, and intercity and travel coaches; bus chassis, commercial trucks, and diesel engines; and school and commercial buses under the IC Bus brand.