Cargotec Co. (OTCMKTS:CYJBF) Short Interest Down 66.9% in July

Cargotec Co. (OTCMKTS:CYJBFGet Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 39,352 shares, a decline of 66.9% from the July 15th total of 119,035 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Cargotec Price Performance

Shares of CYJBF remained flat at $83.59 during trading hours on Friday. The firm’s 50 day moving average price is $83.20 and its 200-day moving average price is $78.21. Cargotec has a one year low of $57.50 and a one year high of $83.59.

About Cargotec

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Cargotec Oyj (OTCMKTS: CYJBF) is a Finnish industrial machinery company specialising in cargo and load handling solutions. Headquartered in Helsinki, the company develops equipment and services that optimise material flows across maritime, port, terminal and road environments. Its solutions address the needs of shipping lines, ports, terminals, logistics operators and heavy haulage customers worldwide.

Cargotec operates through three business areas. Hiab delivers on-road load handling equipment such as truck-mounted forklifts, loader cranes and forestry cranes.

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