Traton SE (OTCMKTS:TRATF – Get Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 617,400 shares, a growth of 50.8% from the March 31st total of 409,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 2,058.0 days.
Analyst Ratings Changes
Separately, Sanford C. Bernstein assumed coverage on Traton in a research note on Tuesday, April 1st. They issued a “market perform” rating on the stock.
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Traton Price Performance
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.
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