Daimler Truck Holding AG - Sponsored ADR (OTCMKTS:DTRUY) Short Interest Up 126.1% in July

Key Points

• Short interest in Daimler Truck surged 126.1% in July to 24,799 shares, though that represents 0.0% of shares outstanding and only 0.4 days of average trading volume.
• Analyst sentiment remains favorable, with recent upgrades from Kepler Capital Markets and Barclays; the stock carries a consensus “Moderate Buy” rating.
• Daimler Truck reported quarterly EPS of $0.09, missing the $0.48 consensus estimate, while revenue of $14.20 billion was slightly below expectations.

Daimler Truck Holding AG - Sponsored ADR (OTCMKTS:DTRUY - Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 24,799 shares, an increase of 126.1% from the July 15th total of 10,970 shares. Based on an average daily volume of 68,754 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Several research firms recently commented on DTRUY. Kepler Capital Markets upgraded Daimler Truck from a "reduce" rating to a "buy" rating in a research note on Tuesday, July 21st. Barclays raised Daimler Truck from a "hold" rating to an "overweight" rating in a research report on Tuesday, July 7th. Citigroup restated a "buy" rating on shares of Daimler Truck in a research note on Wednesday. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Daimler Truck in a research report on Thursday. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Daimler Truck in a research note on Thursday, July 23rd. 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 company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

Daimler Truck Stock Up 0.0%

DTRUY stock opened at $26.07 on Friday. The stock has a 50-day simple moving average of $25.16 and a two-hundred day simple moving average of $24.83. Daimler Truck has a twelve month low of $19.43 and a twelve month high of $28.73.

Daimler Truck (OTCMKTS:DTRUY - Get Free Report) last announced its quarterly earnings results on Friday, August 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by ($0.39). The firm had revenue of $14.20 billion for the quarter, compared to analysts' expectations of $14.29 billion. As a group, equities analysts predict that Daimler Truck will post 1.97 EPS for the current fiscal year.

Daimler Truck Company Profile

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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