Short Interest in Cargotec Co. (OTCMKTS:CYJBF) Drops By 34.4%

Cargotec Co. (OTCMKTS:CYJBF) was the recipient of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 8,600 shares, a decline of 34.4% from the May 15th total of 13,100 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 86.0 days.

Cargotec Stock Performance

OTCMKTS CYJBF remained flat at $83.59 on Friday. Cargotec has a twelve month low of $57.50 and a twelve month high of $83.59. The firm has a fifty day simple moving average of $76.83 and a 200 day simple moving average of $64.17.

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.