Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 848 shares, an increase of 24.3% from the December 31st total of 682 shares. Based on an average trading volume of 78 shares, the days-to-cover ratio is presently 10.9 days. Based on an average trading volume of 78 shares, the days-to-cover ratio is presently 10.9 days.

Jenoptik Stock Performance

Shares of JNPKF opened at $25.59 on Tuesday. Jenoptik has a fifty-two week low of $17.31 and a fifty-two week high of $25.59. The company’s fifty day moving average is $22.91 and its two-hundred day moving average is $22.07.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft raised Jenoptik from a “hold” rating to a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy”.

Jenoptik Company Profile

Jenoptik AG is a global photonics and optical technology group headquartered in Jena, Germany. Established in 1991 out of the optical components division of Carl Zeiss Jena following German reunification, the company has grown into a diversified provider of precision instruments and systems for a wide range of industries.

The company’s main business activities are organized into three divisions: Smart Mobility Solutions, Advanced Photonic Solutions and Light & Optics. In Smart Mobility Solutions, Jenoptik develops and supplies traffic enforcement cameras, automatic number plate recognition systems and tolling solutions for public authorities and transport agencies.