Traton SE (OTCMKTS:TRATF) Short Interest Up 50.8% in April

Traton SE (OTCMKTS:TRATF) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 617,400 shares, an increase of 50.8% from the March 31st total of 409,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 2,058.0 days.

Analyst Ratings Changes

Separately, Sanford C. Bernstein assumed coverage on shares of Traton in a research note on Tuesday, April 1st. They issued a “market perform” rating on the stock.

Traton Stock Performance

Shares of Traton stock opened at $33.40 on Wednesday. Traton has a 52-week low of $26.80 and a 52-week high of $41.21. The stock’s 50-day simple moving average is $34.45 and its 200 day simple moving average is $32.15.

Traton Company Profile

Traton SE manufactures and sells commercial vehicles worldwide. It operates in Industrial Business and Financial Services segments. The company offers light- to heavy-duty trucks for distributors, long-distance vans, and construction vehicles, as well as city buses, and intercity and travel coaches; bus chassis, commercial trucks, and diesel engines; and school and commercial buses under the IC Bus brand.