Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 21,674 shares, a growth of 94.4% from the May 14th total of 11,149 shares. Based on an average daily volume of 1,710 shares, the short-interest ratio is currently 12.7 days.

Jenoptik Stock Performance

Shares of OTCMKTS:JNPKF traded up $0.41 during mid-day trading on Friday, reaching $50.56. The stock had a trading volume of 1,520 shares, compared to its average volume of 3,186. The firm has a 50 day simple moving average of $44.26 and a two-hundred day simple moving average of $31.94. Jenoptik has a twelve month low of $19.33 and a twelve month high of $56.25.

Wall Street Analyst Weigh In

JNPKF has been the topic of several research analyst reports. Oddo Bhf cut Jenoptik to a “neutral” rating in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Jenoptik in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate 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.