Daimler Truck Holding AG – Sponsored ADR (OTCMKTS:DTRUY – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 10,970 shares, a growth of 297.8% from the June 30th total of 2,758 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 73,853 shares, the days-to-cover ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on DTRUY shares. Barclays upgraded shares of Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. Zacks Research cut Daimler Truck from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a report on Wednesday, July 1st. Kepler Capital Markets raised Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Daimler Truck in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on DTRUY
Daimler Truck Price Performance
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.
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