Daimler Truck Holding AG (OTCMKTS:DTRUY) Short Interest Down 45.2% in November

Daimler Truck Holding AG (OTCMKTS:DTRUY) was the recipient of a large 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 trading 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 research reports. HSBC upgraded shares of Daimler Truck from a “hold” rating to a “buy” rating in a research note on Friday, August 30th. The Goldman Sachs Group downgraded Daimler Truck from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 27th.

Daimler Truck Price Performance

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

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.