Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 10,680 shares, a decline of 45.4% from the April 15th total of 19,564 shares. Based on an average daily trading volume, of 3,727 shares, the days-to-cover ratio is presently 2.9 days.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Jenoptik in a research report on Wednesday, May 13th. Oddo Bhf downgraded Jenoptik to a “neutral” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Jenoptik Price Performance

Shares of Jenoptik stock traded down $1.55 on Monday, hitting $49.95. The stock had a trading volume of 693 shares, compared to its average volume of 3,543. Jenoptik has a twelve month low of $19.33 and a twelve month high of $53.25. The business’s 50 day moving average is $36.08 and its two-hundred day moving average is $27.94.

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.