Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 43,975 shares, a growth of 102.9% from the May 31st total of 21,674 shares. Based on an average daily trading volume, of 3,294 shares, the days-to-cover ratio is presently 13.4 days.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Jenoptik in a report on Wednesday, May 13th. Oddo Bhf downgraded shares of 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 given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Jenoptik Stock Performance

JNPKF stock traded up $0.02 during trading on Tuesday, hitting $53.60. The company had a trading volume of 6,624 shares, compared to its average volume of 3,035. Jenoptik has a 1-year low of $19.33 and a 1-year high of $56.25. The firm has a 50-day moving average price of $47.92 and a 200-day moving average price of $34.38.

About Jenoptik

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.