Daimler AG (OTCMKTS:DMLRY) Short Interest Up 44.2% in August

Daimler AG (OTCMKTS:DMLRY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 6,200 shares, a growth of 44.2% from the August 15th total of 4,300 shares. Based on an average trading volume of 122,000 shares, the days-to-cover ratio is presently 0.1 days.

OTCMKTS:DMLRY opened at $20.22 on Tuesday. Daimler has a 1-year low of $12.64 and a 1-year high of $24.46. The company’s fifty day moving average price is $21.34 and its 200-day moving average price is $22.09.

Daimler Company Profile

Daimler AG engages in the production and distribution of cars, trucks, and vans. It operates through the following segments: Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses, and Daimler Mobility. The Mercedes-Benz Cars segment sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand.

Further Reading: QQQ ETF

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