Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 25,428 shares, an increase of 462.3% from the July 15th total of 4,522 shares. Based on an average daily trading volume, of 19,902 shares, the short-interest ratio is currently 1.3 days.

Jenoptik Stock Up 1.5%

JNPKF stock traded up $0.70 on Thursday, reaching $47.90. 10,500 shares of the company traded hands, compared to its average volume of 5,111. The firm has a fifty day simple moving average of $47.53 and a 200-day simple moving average of $39.39. Jenoptik has a one year low of $19.33 and a one year high of $56.25.

Analyst Ratings Changes

Several analysts have weighed in on JNPKF shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Jenoptik in a research report on Thursday. Jefferies Financial Group restated a “buy” rating on shares of Jenoptik in a research report on Wednesday, July 8th. Finally, Oddo Bhf downgraded Jenoptik to a “neutral” rating in a report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Jenoptik Company Profile

Jenoptik AG is a global photonics and optical technology group headquartered in Jena, Germany. Established in 1991 out of the optical components division of Carl Zeiss Jena following German reunification, the company has grown into a diversified provider of precision instruments and systems for a wide range of industries.

The company’s main business activities are organized into three divisions: Smart Mobility Solutions, Advanced Photonic Solutions and Light & Optics. In Smart Mobility Solutions, Jenoptik develops and supplies traffic enforcement cameras, automatic number plate recognition systems and tolling solutions for public authorities and transport agencies.