Jenoptik AG (OTCMKTS:JNPKF) Sees Significant Increase in Short Interest

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

Jenoptik Price Performance

Shares of OTCMKTS:JNPKF opened at $25.59 on Wednesday. Jenoptik has a one year low of $17.31 and a one year high of $25.59. The company has a 50-day simple moving average of $23.01 and a 200-day simple moving average of $22.10.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Jenoptik from a “hold” rating to a “buy” rating in a research note on Friday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

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.