Short Interest in Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Grows By 159.1%

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,474 shares, an increase of 159.1% from the May 14th total of 569 shares. Based on an average trading volume of 170,472 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Daimler Truck Stock Performance

DTRUY stock traded up $0.17 during midday trading on Friday, hitting $24.18. The company’s stock had a trading volume of 30,782 shares, compared to its average volume of 76,708. Daimler Truck has a 52-week low of $19.43 and a 52-week high of $26.45. The firm has a 50-day simple moving average of $24.56 and a 200-day simple moving average of $23.92.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Kepler Capital Markets lowered Daimler Truck from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Thursday, February 19th. DZ Bank raised Daimler Truck from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 16th. Finally, Zacks Research cut Daimler Truck from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Daimler Truck

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.