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

Cargotec Co. (OTCMKTS:CYJBF) saw a significant 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 daily trading volume, of 100 shares, the days-to-cover ratio is presently 118.0 days.

Cargotec Stock Performance

CYJBF stock remained flat at $65.69 on Friday. Cargotec has a fifty-two week low of $57.50 and a fifty-two week high of $69.55. The firm has a 50 day moving average of $64.28 and a 200 day moving average of $57.12.

About Cargotec

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.