China Yuchai International Limited (NYSE:CYD) Short Interest Down 8.9% in July

China Yuchai International Limited (NYSE:CYD) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 15,400 shares, a decrease of 8.9% from the June 30th total of 16,900 shares. Based on an average trading volume of 14,300 shares, the short-interest ratio is currently 1.1 days. Currently, 0.1% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of China Yuchai International in a research note on Wednesday. They set a “hold” rating for the company.

China Yuchai International Stock Performance

Shares of NYSE CYD traded up $0.30 during midday trading on Thursday, hitting $9.61. 18,272 shares of the company’s stock were exchanged, compared to its average volume of 14,069. China Yuchai International has a twelve month low of $7.83 and a twelve month high of $12.50. The stock’s 50 day moving average price is $9.03 and its 200-day moving average price is $8.71. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.59.

Institutional Inflows and Outflows

An institutional investor recently raised its position in China Yuchai International stock. Shah Capital Management raised its stake in shares of China Yuchai International Limited (NYSE:CYD) by 0.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,108,507 shares of the company’s stock after buying an additional 17,071 shares during the period. China Yuchai International makes up 8.8% of Shah Capital Management’s portfolio, making the stock its 5th biggest position. Shah Capital Management owned about 10.06% of China Yuchai International worth $34,429,000 as of its most recent filing with the Securities and Exchange Commission.

About China Yuchai International

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People's Republic of China and internationally.