China Yuchai International Limited (NYSE:CYD) Sees Significant Increase in Short Interest

China Yuchai International Limited (NYSE:CYD) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 30,500 shares, a growth of 498.0% from the December 15th total of 5,100 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 35,100 shares, the days-to-cover ratio is presently 0.9 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded China Yuchai International from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 12th.

China Yuchai International Trading Up 0.1 %

Shares of NYSE:CYD traded up $0.01 during midday trading on Tuesday, reaching $10.18. 9,522 shares of the company’s stock traded hands, compared to its average volume of 29,015. China Yuchai International has a one year low of $7.95 and a one year high of $13.05. The stock has a 50 day moving average of $9.61 and a 200 day moving average of $10.47.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CYD. Brandes Investment Partners LP lifted its holdings in China Yuchai International by 4.2% in the second quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock valued at $11,771,000 after acquiring an additional 51,953 shares during the period. Shah Capital Management lifted its holdings in China Yuchai International by 0.7% in the second quarter. Shah Capital Management now owns 4,221,152 shares of the company’s stock valued at $38,412,000 after acquiring an additional 28,380 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in China Yuchai International by 299.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock valued at $130,000 after acquiring an additional 10,207 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in China Yuchai International by 2.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock valued at $1,102,000 after acquiring an additional 1,842 shares during the period.

China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.