Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) Sees Large Drop in Short Interest

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 235,468 shares, a drop of 82.6% from the June 15th total of 1,354,936 shares. Based on an average daily volume of 4,787 shares, the short-interest ratio is currently 49.2 days.

Sany Heavy Equipment International Trading Down 1.0%

Sany Heavy Equipment International stock traded down $0.01 during mid-day trading on Friday, reaching $0.87. 26,450 shares of the company traded hands, compared to its average volume of 4,536. Sany Heavy Equipment International has a fifty-two week low of $0.83 and a fifty-two week high of $2.14. The firm’s fifty day moving average is $1.09 and its two-hundred day moving average is $1.38.

About Sany Heavy Equipment International

Sany Heavy Equipment International (OTCMKTS: SNYYF) serves as the overseas distribution and marketing arm of Sany Heavy Industry Co, Ltd., one of the world’s leading manufacturers of construction and mining machinery. Through its network of subsidiaries and regional partners, the company is responsible for global sales, equipment financing, and after-sales support for a diverse range of heavy equipment products.

The company’s product portfolio encompasses hydraulic excavators, all-terrain and crawler cranes, concrete machinery including pumps and batching plants, drilling and piling rigs, road maintenance equipment, and port handling machinery.