China Yuchai International Limited (NYSE:CYD) Short Interest Down 49.2% in February

China Yuchai International Limited (NYSE:CYD) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 6,600 shares, a drop of 49.2% from the January 31st total of 13,000 shares. Based on an average daily trading volume, of 189,300 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

China Yuchai International Stock Down 12.0 %

CYD stock opened at $18.93 on Friday. The business has a 50 day moving average price of $12.32 and a two-hundred day moving average price of $11.38. The company has a market cap of $5.11 million, a price-to-earnings ratio of 11.68 and a beta of 1.02. China Yuchai International has a twelve month low of $7.95 and a twelve month high of $26.10.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CYD. Greenridge Global downgraded China Yuchai International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. StockNews.com downgraded China Yuchai International from a “buy” rating to a “hold” rating in a research note on Friday.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Shah Capital Management boosted its stake in shares of China Yuchai International by 3.0% during the 4th quarter. Shah Capital Management now owns 4,345,471 shares of the company’s stock worth $41,412,000 after acquiring an additional 128,509 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of China Yuchai International by 2.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock worth $1,102,000 after acquiring an additional 1,842 shares during the period. Millennium Management LLC boosted its stake in shares of China Yuchai International by 42.2% during the 4th quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock worth $450,000 after acquiring an additional 14,030 shares during the period. Verity Asset Management Inc. boosted its stake in shares of China Yuchai International by 19.5% during the 4th quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock worth $235,000 after acquiring an additional 4,029 shares during the period. Finally, Nomura Holdings Inc. bought a new position in shares of China Yuchai International during the 4th quarter worth approximately $191,000.

China Yuchai International Company Profile

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.