Cargotec Co. (OTCMKTS:CYJBF) Short Interest Down 77.1% in June

Cargotec Co. (OTCMKTS:CYJBF) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totalling 1,900 shares, a drop of 77.1% from the June 15th total of 8,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Cargotec Stock Performance

OTCMKTS:CYJBF remained flat at $83.59 during mid-day trading on Friday. The firm’s 50 day moving average price is $82.78 and its 200-day moving average price is $68.42. Cargotec has a 52 week low of $57.50 and a 52 week high of $83.59.

About Cargotec

Cargotec Corporation provides cargo handling solutions and services in Finland, Europe, the Middle East, Africa, the United States, rest of the Americas, China, and rest of Asia-Pacific countries. It operates in three segments: Kalmar, Hiab, and MacGregor. The Kalmar segment offers cargo handling equipment and automated terminal solutions, software, and support services for ports, terminals, distribution centers, and heavy industry.