Traton SE (OTCMKTS:TRATF) Short Interest Update

Traton SE (OTCMKTS:TRATF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 722,300 shares, a growth of 20.7% from the August 15th total of 598,500 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1,805.8 days. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 1,805.8 days.

Traton Stock Performance

OTCMKTS TRATF opened at $36.95 on Friday. Traton has a fifty-two week low of $26.80 and a fifty-two week high of $41.21. The stock has a 50 day simple moving average of $36.19 and a two-hundred day simple moving average of $34.62.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “neutral” rating on shares of Traton in a research report on Tuesday, August 5th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

About Traton

Traton SE manufactures and sells commercial vehicles worldwide. It operates in Industrial Business and Financial Services segments. The company offers light- to heavy-duty trucks for distributors, long-distance vans, and construction vehicles, as well as city buses, and intercity and travel coaches; bus chassis, commercial trucks, and diesel engines; and school and commercial buses under the IC Bus brand.