Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 25,428 shares, an increase of 462.3% from the July 15th total of 4,522 shares. Based on an average trading volume of 19,902 shares, the short-interest ratio is currently 1.3 days.

Analysts Set New Price Targets

Several analysts have recently weighed in on JNPKF shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Jenoptik in a report on Monday, July 20th. Jefferies Financial Group reissued a “buy” rating on shares of Jenoptik in a report on Wednesday, July 8th. Finally, Oddo Bhf downgraded shares of Jenoptik to a “neutral” rating in a report on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Jenoptik Trading Down 0.4%

Jenoptik stock opened at $45.00 on Wednesday. The stock has a fifty day moving average price of $47.72 and a two-hundred day moving average price of $39.24. Jenoptik has a 52-week low of $19.33 and a 52-week high of $56.25.

About Jenoptik

Jenoptik AG is a global photonics and optical technology group headquartered in Jena, Germany. Established in 1991 out of the optical components division of Carl Zeiss Jena following German reunification, the company has grown into a diversified provider of precision instruments and systems for a wide range of industries.

The company’s main business activities are organized into three divisions: Smart Mobility Solutions, Advanced Photonic Solutions and Light & Optics. In Smart Mobility Solutions, Jenoptik develops and supplies traffic enforcement cameras, automatic number plate recognition systems and tolling solutions for public authorities and transport agencies.