Jenoptik AG (OTCMKTS:JNPKF) Sees Significant Increase in Short Interest

Jenoptik AG (OTCMKTS:JNPKF) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 38,400 shares, an increase of 398.7% from the March 15th total of 7,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lowered Jenoptik from a “buy” rating to a “hold” rating in a research report on Thursday, March 27th.

Jenoptik Stock Performance

Jenoptik stock remained flat at $17.31 during trading hours on Wednesday. The firm has a fifty day simple moving average of $21.42 and a 200 day simple moving average of $25.17. Jenoptik has a 12-month low of $17.31 and a 12-month high of $31.50.

Jenoptik Company Profile

Jenoptik AG provides advanced photonic solutions and smart mobility solutions in Germany and internationally. The company provides imaging solutions and cameras, including microscope and thermographic camera, imaging modules, polymer-based camera modules, and miniaturized digital microscope subsystem; and laser and laser technology, such as laser ablation, scoring, cutting, and rangefinder, as well as laser OEM solutions comprising diode laser and disk laser technology, diode pumped disk lasers, laser systems, and LK heat sink.