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

Cargotec Co. (OTCMKTS:CYJBFGet Free Report) was the target of a large increase in short interest in 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 trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Cargotec Price Performance

Shares of OTCMKTS CYJBF opened at $83.59 on Friday. Cargotec has a fifty-two week low of $57.50 and a fifty-two week high of $83.59. The firm’s 50-day simple moving average is $83.59 and its 200 day simple moving average is $83.59.

About Cargotec

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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.

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