Jenoptik AG (OTCMKTS:JNPKF) Short Interest Update

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 21,674 shares, a growth of 94.4% from the May 14th total of 11,149 shares. Based on an average trading volume of 1,710 shares, the days-to-cover ratio is presently 12.7 days.

Jenoptik Price Performance

Shares of JNPKF stock traded up $0.41 during trading hours on Friday, hitting $50.56. 1,520 shares of the company’s stock were exchanged, compared to its average volume of 3,186. The stock’s 50-day moving average is $44.26 and its 200-day moving average is $31.94. Jenoptik has a 52 week low of $19.33 and a 52 week high of $56.25.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on JNPKF shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Jenoptik in a research note on Wednesday, May 13th. Oddo Bhf lowered Jenoptik to a “neutral” rating in a research note on Monday, May 4th. One 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, the stock has an average rating of “Moderate 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.