Cargotec Co. (OTCMKTS:CYJBF) Sees Significant Drop in Short Interest

Cargotec Co. (OTCMKTS:CYJBF – Get Free Report) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 29,510 shares, a drop of 73.8% from the September 15th total of 112,529 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Cargotec Price Performance

Shares of CYJBF opened at $83.59 on Monday. Cargotec has a 52-week low of $57.50 and a 52-week high of $83.59. The firm’s fifty day moving average is $83.59 and its two-hundred day moving average is $78.35.

About Cargotec

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Cargotec Corporation was a Finnish provider of cargo-handling equipment and services for ports, terminals, ships, road transportation and heavy-duty industrial applications. Its operations were historically organized around three businesses: Kalmar, which supplied container-handling equipment and automation solutions; Hiab, which manufactured loader cranes, truck-mounted forklifts and other load-handling equipment; and MacGregor, which provided marine cargo-handling and ship-equipment solutions.

The company served customers globally through manufacturing, sales and service operations across Europe, North America, Asia-Pacific and other international markets.

Further Reading

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