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

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 24,799 shares, an increase of 126.1% from the July 15th total of 10,970 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 68,754 shares, the days-to-cover ratio is presently 0.4 days.

Daimler Truck Stock Up 0.0%

Daimler Truck stock traded up $0.01 during trading hours on Friday, hitting $26.07. The stock had a trading volume of 24,445 shares, compared to its average volume of 30,229. Daimler Truck has a 12-month low of $19.43 and a 12-month high of $28.73. The stock’s 50-day moving average price is $25.16 and its 200-day moving average price is $24.83.

Daimler Truck (OTCMKTS:DTRUY) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39). The firm had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.29 billion. On average, analysts anticipate that Daimler Truck will post 1.97 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DTRUY has been the subject of several recent research reports. Kepler Capital Markets upgraded shares of Daimler Truck from a “reduce” rating to a “buy” rating in a report on Tuesday, July 21st. Zacks Research downgraded Daimler Truck from a “hold” rating to a “strong sell” rating in a research note on Thursday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Daimler Truck in a research report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. Finally, Citigroup reissued a “buy” rating on shares of Daimler Truck in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Daimler Truck

Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.