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

Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,474 shares, a growth of 159.1% from the May 14th total of 569 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 170,472 shares, the days-to-cover ratio is currently 0.0 days.

Daimler Truck Trading Up 0.7%

Shares of DTRUY traded up $0.17 on Friday, reaching $24.18. The stock had a trading volume of 30,782 shares, compared to its average volume of 76,863. The company has a 50-day simple moving average of $24.56 and a 200-day simple moving average of $23.91. Daimler Truck has a 12-month low of $19.43 and a 12-month high of $26.45.

Analyst Ratings Changes

DTRUY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Daimler Truck in a report on Thursday, February 19th. DZ Bank upgraded Daimler Truck from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 16th. Zacks Research lowered Daimler Truck from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Citigroup restated a “buy” rating on shares of Daimler Truck in a research report on Friday, May 8th. Finally, Kepler Capital Markets lowered Daimler Truck from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently 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.