Short Interest in Jenoptik AG (OTCMKTS:JNPKF) Drops By 94.9%

Jenoptik AG (OTCMKTS:JNPKF) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 903 shares, a decrease of 94.9% from the November 30th total of 17,596 shares. Based on an average daily trading volume, of 166 shares, the short-interest ratio is presently 5.4 days. Based on an average daily trading volume, of 166 shares, the short-interest ratio is presently 5.4 days.

Jenoptik Stock Performance

Shares of JNPKF stock remained flat at $22.55 during mid-day trading on Thursday. Jenoptik has a 1 year low of $17.31 and a 1 year high of $25.15. The business’s fifty day moving average price is $21.97 and its 200-day moving average price is $21.67.

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.