Traton SE (OTCMKTS:TRATF) Sees Significant Increase in Short Interest

Traton SE (OTCMKTS:TRATF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 449,700 shares, a growth of 37.7% from the February 28th total of 326,500 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 642.4 days.

Traton Price Performance

Shares of OTCMKTS:TRATF opened at $34.81 on Monday. The firm has a 50 day simple moving average of $34.48 and a 200 day simple moving average of $32.25. Traton has a one year low of $26.80 and a one year high of $41.21.

About Traton

Traton SE manufactures and sells commercial vehicles worldwide. It operates in Industrial Business and Financial Services segments. The company offers light- to heavy-duty trucks for distributors, long-distance vans, and construction vehicles, as well as city buses, and intercity and travel coaches; bus chassis, commercial trucks, and diesel engines; and school and commercial buses under the IC Bus brand.