Cargotec Co. (OTCMKTS:CYJBF) Sees Large Growth in Short Interest

Cargotec Co. (OTCMKTS:CYJBF) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 10,600 shares, an increase of 120.8% from the February 13th total of 4,800 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Cargotec Price Performance

CYJBF remained flat at $83.59 during trading hours on Friday. The company had a trading volume of 40,685 shares, compared to its average volume of 163. The stock has a 50 day simple moving average of $83.59 and a 200-day simple moving average of $83.59. Cargotec has a 52-week low of $57.50 and a 52-week high of $83.59.

Cargotec Company Profile

Cargotec Corporation provides cargo handling solutions and services in Finland, Europe, the Middle East, Africa, the United States, rest of the Americas, China, and rest of Asia-Pacific countries. Its Kalmar segment offers cargo handling equipment and automated terminal solutions, software, and support services for ports, terminals, distribution centers, and heavy industry.