Jenoptik AG (OTCMKTS:JNPKF) Short Interest Up 102.9% in June

Jenoptik AG (OTCMKTS:JNPKF) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 43,975 shares, a growth of 102.9% from the May 31st total of 21,674 shares. Based on an average daily trading volume, of 3,294 shares, the short-interest ratio is presently 13.4 days.

Jenoptik Price Performance

Shares of JNPKF stock remained flat at $53.60 on Wednesday. The company had a trading volume of 6,654 shares, compared to its average volume of 3,035. The business has a 50 day moving average price of $48.21 and a 200 day moving average price of $34.61. Jenoptik has a 12-month low of $19.33 and a 12-month high of $56.25.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on JNPKF shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Jenoptik in a research report on Wednesday, May 13th. Oddo Bhf downgraded shares of Jenoptik to a “neutral” rating in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Jenoptik presently has a consensus rating of “Moderate Buy”.

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.