Jenoptik AG (OTCMKTS:JNPKF) Shares Shorted: Short Interest Down 56.9% in October

Jenoptik AG (OTCMKTS:JNPKF – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,278 shares, a decline of 56.9% from the September 30th total of 2,962 shares. Based on an average daily trading volume, of 3,389 shares, the days-to-cover ratio is presently 0.4 days.

Jenoptik Stock Performance

JNPKF stock opened at $43.00 on Friday. The company’s 50 day moving average price is $44.86 and its 200 day moving average price is $40.41. Jenoptik has a fifty-two week low of $20.40 and a fifty-two week high of $56.25.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. UBS Group reaffirmed a “neutral” rating on shares of Jenoptik in a research note on Friday, August 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Jenoptik in a research report on Thursday, August 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Jenoptik in a report on Wednesday, October 21st. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Read Our Latest Analysis on JNPKF

Jenoptik Company Profile

(Get Free Report)

JENOPTIK AG is a Germany-based photonics and optical technology company headquartered in Jena. The company develops and manufactures solutions that use light, optics, electronics and precision engineering for industrial, semiconductor, medical and mobility applications.

Its products and services include optical and laser systems, semiconductor equipment, industrial measurement and inspection technology, medical imaging and diagnostic solutions, and traffic-monitoring systems. Jenoptik also provides technologies for smart mobility, including systems used for road safety and automated traffic enforcement.

Jenoptik serves customers internationally, with operations and business relationships across Europe, North America and Asia.

Further Reading

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