Short Interest in Daimler Truck Holding AG (OTCMKTS:DTRUY) Expands By 47.4%

Daimler Truck Holding AG (OTCMKTS:DTRUY) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 5,600 shares, a growth of 47.4% from the August 31st total of 3,800 shares. Based on an average daily volume of 78,500 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

A number of brokerages have recently weighed in on DTRUY. HSBC upgraded Daimler Truck from a “hold” rating to a “buy” rating in a report on Friday, August 30th. The Goldman Sachs Group cut shares of Daimler Truck from a “buy” rating to a “neutral” rating in a report on Tuesday, August 27th.

Daimler Truck Stock Up 2.2 %

Shares of Daimler Truck stock traded up $0.41 on Friday, reaching $19.16. 11,207 shares of the company were exchanged, compared to its average volume of 28,119. Daimler Truck has a 1-year low of $14.96 and a 1-year high of $25.98. The company’s 50-day moving average is $18.43 and its two-hundred day moving average is $20.93.

Daimler Truck Company Profile

Daimler Truck Holding AG manufactures and sells commercial trucks. The company was founded in 2021 and is based in Stuttgart, Germany.