China Yuchai International Limited (NYSE:CYD) Short Interest Up 2,857.6% in February

China Yuchai International Limited (NYSE:CYD) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 195,200 shares, an increase of 2,857.6% from the February 13th total of 6,600 shares. Based on an average daily volume of 273,200 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.3% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CYD shares. StockNews.com cut shares of China Yuchai International from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Greenridge Global lowered shares of China Yuchai International from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 26th.

China Yuchai International Trading Down 0.7 %

NYSE CYD traded down $0.15 on Wednesday, reaching $21.85. 322,766 shares of the company were exchanged, compared to its average volume of 352,975. China Yuchai International has a fifty-two week low of $7.95 and a fifty-two week high of $26.10. The stock has a market capitalization of $5.90 million, a P/E ratio of 13.49 and a beta of 0.91. The business’s fifty day moving average price is $13.75 and its 200 day moving average price is $11.87.

Institutional Investors Weigh In On China Yuchai International

Hedge funds and other institutional investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in China Yuchai International by 299.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock valued at $130,000 after purchasing an additional 10,207 shares during the last quarter. Nomura Holdings Inc. acquired a new position in China Yuchai International in the fourth quarter valued at approximately $191,000. Verity Asset Management Inc. lifted its holdings in China Yuchai International by 19.5% in the fourth quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock valued at $235,000 after acquiring an additional 4,029 shares during the last quarter. Millennium Management LLC increased its stake in China Yuchai International by 42.2% during the fourth 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 last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in China Yuchai International by 2.2% during the third 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 last quarter.

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.