Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 2,080 shares, a decrease of 91.8% from the July 30th total of 25,428 shares. Based on an average daily trading volume, of 5,810 shares, the short-interest ratio is presently 0.4 days.

Jenoptik Stock Performance

JNPKF stock remained flat at $44.25 on Tuesday. Jenoptik has a 52 week low of $19.33 and a 52 week high of $56.25. The firm has a 50 day simple moving average of $46.75 and a 200 day simple moving average of $40.69.

Wall Street Analyst Weigh In

Several brokerages have weighed in on JNPKF. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Jenoptik in a report on Thursday, August 13th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Jenoptik in a research report on Wednesday, July 8th. Finally, Oddo Bhf lowered Jenoptik to a “neutral” rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

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.