Daimler Truck Holding AG (OTCMKTS:DTRUY) Short Interest Update

Daimler Truck Holding AG (OTCMKTS:DTRUY) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 33,200 shares, a drop of 45.2% from the October 31st total of 60,600 shares. Based on an average daily volume of 105,500 shares, the days-to-cover ratio is currently 0.3 days.

Daimler Truck Price Performance

DTRUY stock traded up $0.57 during trading on Friday, hitting $18.96. The company had a trading volume of 20,777 shares, compared to its average volume of 31,861. The company has a fifty day moving average price of $19.52 and a two-hundred day moving average price of $19.51. Daimler Truck has a fifty-two week low of $16.12 and a fifty-two week high of $25.98.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. HSBC upgraded Daimler Truck from a “hold” rating to a “buy” rating in a research report on Friday, August 30th. The Goldman Sachs Group downgraded Daimler Truck from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 27th.

About Daimler Truck

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