Cargotec Co. (OTCMKTS:CYJBF – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 112,529 shares, an increase of 325.1% from the August 31st total of 26,473 shares. Based on an average daily trading volume, of 9 shares, the short-interest ratio is presently 12,503.2 days.
Cargotec Stock Performance
OTCMKTS:CYJBF remained flat at $83.59 during midday trading on Friday. Cargotec has a 52 week low of $57.50 and a 52 week high of $83.59. The firm has a 50 day moving average price of $83.59 and a 200-day moving average price of $78.38.
About Cargotec
Cargotec Corporation was a Finnish provider of cargo-handling equipment and services for ports, terminals, ships, road transportation and heavy-duty industrial applications. Its operations were historically organized around three businesses: Kalmar, which supplied container-handling equipment and automation solutions; Hiab, which manufactured loader cranes, truck-mounted forklifts and other load-handling equipment; and MacGregor, which provided marine cargo-handling and ship-equipment solutions.
The company served customers globally through manufacturing, sales and service operations across Europe, North America, Asia-Pacific and other international markets.
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