Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) Sees Significant Decline in Short Interest

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) was the recipient of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 5,100 shares, a drop of 28.2% from the January 31st total of 7,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 51.0 days.

Jungheinrich Aktiengesellschaft Price Performance

JGHAF stock remained flat at $24.70 during trading on Wednesday. Jungheinrich Aktiengesellschaft has a 12-month low of $24.70 and a 12-month high of $26.70. The company’s 50 day moving average price is $25.94 and its 200 day moving average price is $26.43.

Jungheinrich Aktiengesellschaft Company Profile

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.