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

Daimler Truck Holding AG (OTCMKTS:DTRUY) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 33,200 shares, a drop of 45.2% from the October 31st total of 60,600 shares. Based on an average daily volume of 105,500 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

Several brokerages have weighed in on DTRUY. The Goldman Sachs Group cut Daimler Truck from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 27th. HSBC raised Daimler Truck from a “hold” rating to a “buy” rating in a research report on Friday, August 30th.

Daimler Truck Trading Up 2.7 %

DTRUY traded up $0.49 during trading hours on Thursday, hitting $18.39. The stock had a trading volume of 77,589 shares, compared to its average volume of 31,910. Daimler Truck has a 1 year low of $15.99 and a 1 year high of $25.98. The company’s fifty day simple moving average is $19.49 and its 200 day simple moving average is $19.54.

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.