Cargotec Co. (OTCMKTS:CYJBF – Get Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 39,352 shares, a drop of 66.9% from the July 15th total of 119,035 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Cargotec Stock Performance
Shares of OTCMKTS CYJBF remained flat at $83.59 during trading on Friday. The business’s 50-day simple moving average is $83.20 and its 200 day simple moving average is $78.21. Cargotec has a 1 year low of $57.50 and a 1 year high of $83.59.
About Cargotec
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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