Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) Sees Significant Decrease in Short Interest

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 7,600 shares, a drop of 85.4% from the December 31st total of 52,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 76.0 days.

Jungheinrich Aktiengesellschaft Price Performance

Shares of JGHAF remained flat at $26.70 during trading hours on Tuesday. Jungheinrich Aktiengesellschaft has a 1-year low of $26.70 and a 1-year high of $26.70. The stock’s 50-day moving average is $26.70 and its 200-day moving average is $26.70.

Jungheinrich Aktiengesellschaft Company Profile

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.