Daimler Truck Holding AG (OTCMKTS:DTRUY) Sees Significant Growth in Short Interest

by · The Markets Daily

Daimler Truck Holding AG (OTCMKTS:DTRUY – Get Free Report) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 11,400 shares, an increase of 103.6% from the September 15th total of 5,600 shares. Based on an average daily volume of 45,400 shares, the days-to-cover ratio is currently 0.3 days.

Daimler Truck Trading Up 0.2 %

Shares of DTRUY traded up $0.03 during mid-day trading on Friday, reaching $19.36. 12,168 shares of the company’s stock were exchanged, compared to its average volume of 28,013. Daimler Truck has a 52-week low of $14.96 and a 52-week high of $25.98. The company has a 50-day simple moving average of $18.35 and a two-hundred day simple moving average of $20.42.

Analyst Ratings Changes

Several brokerages have recently commented on DTRUY. HSBC raised Daimler Truck from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. The Goldman Sachs Group lowered Daimler Truck from a “buy” rating to a “neutral” rating in a report on Tuesday, August 27th.

Get Our Latest Stock Analysis on DTRUY

About Daimler Truck

(Get Free Report)

Daimler Truck Holding AG manufactures and sells commercial trucks. The company was founded in 2021 and is based in Stuttgart, Germany.

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