Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

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

Wall Street Analysts Forecast Growth

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

Jenoptik Stock Performance

JNPKF remained flat at $25.59 during midday trading on Monday. Jenoptik has a 52 week low of $17.31 and a 52 week high of $25.59. The business has a fifty day moving average price of $22.80 and a 200-day moving average price of $22.05.

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.