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

Cargotec Co. (OTCMKTS:CYJBF) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 4,800 shares, an increase of 54.8% from the January 31st total of 3,100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 48.0 days.

Cargotec Stock Performance

Shares of Cargotec stock remained flat at $83.59 during mid-day trading on Tuesday. The company has a fifty day simple moving average of $83.59 and a 200-day simple moving average of $83.59. Cargotec has a one year low of $57.50 and a one year 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.