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

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

Wall Street Analyst Weigh In

DTRUY has been the subject of a number of recent analyst reports. HSBC upgraded Daimler Truck from a “hold” rating to a “buy” rating in a report on Friday, August 30th. The Goldman Sachs Group downgraded Daimler Truck from a “buy” rating to a “neutral” rating in a report on Tuesday, August 27th.

Daimler Truck Stock Up 3.1 %

Shares of Daimler Truck stock traded up $0.57 during trading hours on Friday, hitting $18.96. The company’s stock had a trading volume of 20,777 shares, compared to its average volume of 31,861. Daimler Truck has a 12 month low of $16.12 and a 12 month high of $25.98. The stock has a 50 day moving average of $19.52 and a 200 day moving average of $19.51.

About Daimler Truck

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