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

Traton SE (OTCMKTS:TRATF) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 190,500 shares, a decline of 36.7% from the October 31st total of 300,900 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 1,905.0 days.

Traton Stock Performance

Shares of TRATF opened at $29.51 on Friday. The stock has a fifty day moving average price of $32.54 and a two-hundred day moving average price of $32.60. Traton has a 52-week low of $22.09 and a 52-week high of $38.24.

Traton Company Profile

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.