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

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUYGet Free Report) was the target of a large increase in short interest during the month of 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. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 73,853 shares, the short-interest ratio is currently 0.1 days.

Daimler Truck Price Performance

DTRUY opened at $26.11 on Monday. The stock’s 50 day moving average price is $24.13 and its two-hundred day moving average price is $24.47. Daimler Truck has a 12-month low of $19.43 and a 12-month high of $26.45.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on DTRUY shares. Zacks Research downgraded Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. Kepler Capital Markets upgraded Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Citigroup reissued a “buy” rating on shares of Daimler Truck in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research note on Thursday. Finally, Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. One research 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Read Our Latest Research Report on Daimler Truck

Daimler Truck Company Profile

(Get Free Report)

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.

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