China Yuchai International Limited (NYSE:CYD) Sees Significant Increase in Short Interest

China Yuchai International Limited (NYSE:CYD) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 30,500 shares, an increase of 498.0% from the December 31st total of 5,100 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 35,100 shares, the short-interest ratio is presently 0.9 days.

Analyst Ratings Changes

Separately, StockNews.com cut shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 12th.

China Yuchai International Stock Performance

Shares of NYSE CYD opened at $11.20 on Wednesday. The stock’s fifty day simple moving average is $9.89 and its 200 day simple moving average is $10.62. China Yuchai International has a 52-week low of $7.95 and a 52-week high of $13.05.

Institutional Trading of China Yuchai International

Several large investors have recently added to or reduced their stakes in the company. Verity Asset Management Inc. increased its holdings in shares of China Yuchai International by 19.5% in the 4th quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock valued at $235,000 after purchasing an additional 4,029 shares during the period. Shah Capital Management increased its stake in China Yuchai International by 3.0% in the 4th quarter. Shah Capital Management now owns 4,345,471 shares of the company’s stock valued at $41,412,000 after buying an additional 128,509 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its position in China Yuchai International by 299.5% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock worth $130,000 after buying an additional 10,207 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of China Yuchai International by 2.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock valued at $1,102,000 after buying an additional 1,842 shares during the period. Finally, Brandes Investment Partners LP grew its holdings in shares of China Yuchai International by 4.2% during the 2nd quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock valued at $11,771,000 after acquiring an additional 51,953 shares in the last quarter.

China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.