Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) Shares Shorted: Short Interest Up 187.9% in September

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 41,477 shares, an increase of 187.9% from the August 31st total of 14,407 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 64,628 shares, the short-interest ratio is currently 0.6 days.

Daimler Truck Stock Up 1.8%

Shares of OTCMKTS DTRUY traded up $0.42 during mid-day trading on Friday, reaching $24.26. 31,774 shares of the company were exchanged, compared to its average volume of 32,074. Daimler Truck has a 1 year low of $19.43 and a 1 year high of $28.73. The firm has a 50-day moving average of $26.27 and a 200 day moving average of $25.01. The stock has a market cap of $37.15 billion and a price-to-earnings ratio of 48.52. The company has a quick ratio of 1.33, a current ratio of 1.70 and a debt-to-equity ratio of 0.82.

Daimler Truck (OTCMKTS:DTRUY) last posted its earnings results on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.39). The company had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $14.29 billion. Daimler Truck had a net margin of 5.87% and a return on equity of 4.79%. On average, research analysts expect that Daimler Truck will post 1.97 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DTRUY shares. Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. Zacks Research downgraded shares of Daimler Truck from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 13th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research report on Wednesday, August 12th. Morgan Stanley lowered shares of Daimler Truck from an “overweight” rating to an “equal weight” rating in a report on Friday, September 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Daimler Truck

Daimler Truck Holding AG is a global commercial-vehicle manufacturer headquartered in Leinfelden-Echterdingen, Germany. The company develops, manufactures and sells trucks, buses and coaches for long-haul transportation, construction, distribution, municipal and other commercial applications.

Its principal brands include Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz, Thomas Built Buses and Setra. Daimler Truck offers vehicles powered by conventional and alternative drivetrains, including battery-electric and hydrogen-based technologies, along with digital fleet-management, connectivity and other transportation solutions.

The company serves customers across Europe, North America, Latin America and Asia, as well as other international markets.