Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Shares Shorted: Short Interest Up 187.9% in September

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 41,477 shares, an increase of 187.9% from the August 31st total of 14,407 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 64,628 shares, the short-interest ratio is presently 0.6 days.

Daimler Truck Stock Performance

OTCMKTS DTRUY traded up $0.42 during trading hours on Friday, reaching $24.26. The stock had a trading volume of 31,774 shares, compared to its average volume of 32,074. The stock has a fifty day moving average of $26.27 and a 200 day moving average of $25.01. The stock has a market cap of $37.15 billion and a P/E ratio of 48.52. Daimler Truck has a 52-week low of $19.43 and a 52-week high of $28.73. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.33 and a current ratio of 1.70.

Daimler Truck (OTCMKTS:DTRUY – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). Daimler Truck had a return on equity of 4.79% and a net margin of 5.87%.The business had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.29 billion. Sell-side analysts predict that Daimler Truck will post 1.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on DTRUY. Barclays raised shares of Daimler Truck from a “hold” rating to an “overweight” rating in a report on Tuesday, July 7th. Kepler Capital Markets raised Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Zacks Research downgraded Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 13th. Morgan Stanley lowered Daimler Truck from an “overweight” rating to an “equal weight” rating in a research report on Friday, September 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Daimler Truck currently has an average rating of “Moderate Buy”.

View Our Latest Analysis on Daimler Truck

About Daimler Truck

(Get Free Report)

Daimler Truck Holding AG is a global commercial-vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells trucks, buses and coaches for long-haul transportation, construction, distribution, municipal and other commercial applications.

Its principal brands include Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck offers vehicles powered by conventional and alternative drivetrains, including battery-electric and hydrogen-based technologies, along with digital fleet-management, connectivity and other transportation solutions.

The company serves customers across Europe, North America, Latin America and Asia, as well as other international markets.

Further Reading

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