Cargotec Co. (OTCMKTS:CYJBF) Short Interest Up 47.5% in April

Cargotec Co. (OTCMKTS:CYJBF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 11,800 shares, an increase of 47.5% from the March 31st total of 8,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 118.0 days.

Cargotec Price Performance

Cargotec stock remained flat at $65.69 during mid-day trading on Friday. Cargotec has a one year low of $57.50 and a one year high of $69.55. The stock’s fifty day moving average price is $64.28 and its 200 day moving average price is $57.12.

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. It operates in three segments: Kalmar, Hiab, and MacGregor. The Kalmar segment offers cargo handling equipment and automated terminal solutions, software, and support services for ports, terminals, distribution centers, and heavy industry.