Cargotec Co. (OTCMKTS:CYJBF – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 29,510 shares, a decline of 73.8% from the September 15th total of 112,529 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Cargotec Price Performance
Shares of Cargotec stock opened at $83.59 on Tuesday. The stock’s fifty day moving average is $83.59 and its two-hundred day moving average is $78.35. Cargotec has a 52 week low of $57.50 and a 52 week high of $83.59.
Cargotec Company Profile
Cargotec was a Finnish provider of cargo-handling and load-handling equipment and services for ports, terminals, road transportation, distribution, and marine operations. Its business included the Hiab, Kalmar, and MacGregor brands, which supplied equipment such as loader cranes, truck-mounted forklifts, hooklifts, tail lifts, terminal tractors, automated yard systems, and marine cargo-handling solutions.
The company was formed in 2005 through the demerger of Kone Corporation and developed a global network of manufacturing, sales, service, and technology operations.
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