Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totaling 19,564 shares, a drop of 45.1% from the March 31st total of 35,634 shares. Based on an average daily volume of 5,911 shares, the short-interest ratio is presently 3.3 days.

Jenoptik Stock Performance

Shares of OTCMKTS JNPKF remained flat at $38.00 during midday trading on Wednesday. 1,244 shares of the stock were exchanged, compared to its average volume of 2,747. Jenoptik has a 1 year low of $19.33 and a 1 year high of $40.66. The stock’s 50 day moving average is $31.96 and its 200 day moving average is $26.20.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft upgraded Jenoptik from a “hold” rating to a “buy” rating in a report on Friday, January 30th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus 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.