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

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 235,468 shares, a decline of 82.6% from the June 15th total of 1,354,936 shares. Based on an average daily trading volume, of 4,787 shares, the days-to-cover ratio is presently 49.2 days.

Sany Heavy Equipment International Price Performance

Shares of OTCMKTS SNYYF remained flat at $0.87 during mid-day trading on Monday. The stock had a trading volume of 26,450 shares, compared to its average volume of 4,536. The business’s 50-day moving average is $1.09 and its 200 day moving average is $1.38. Sany Heavy Equipment International has a twelve month low of $0.83 and a twelve month high of $2.14.

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.