China Yuchai International Limited (NYSE:CYD) Short Interest Down 19.0% in March

China Yuchai International Limited (NYSE:CYD) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 158,100 shares, a decline of 19.0% from the February 28th total of 195,200 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 324,100 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On China Yuchai International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Verity Asset Management Inc. raised its position in shares of China Yuchai International by 19.5% in the fourth 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 grew 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 in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings in China Yuchai International by 299.5% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock valued at $130,000 after acquiring an additional 10,207 shares during the period. Millennium Management LLC lifted its position in shares of China Yuchai International by 42.2% during the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock worth $450,000 after acquiring an additional 14,030 shares in the last quarter. Finally, Nomura Holdings Inc. bought a new position in shares of China Yuchai International in the fourth quarter worth $191,000.

Analyst Ratings Changes

A number of research firms recently issued reports on CYD. StockNews.com downgraded shares of China Yuchai International from a “buy” rating to a “hold” rating in a report on Friday, February 28th. Greenridge Global lowered shares of China Yuchai International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 26th.

China Yuchai International Trading Up 4.6 %

Shares of CYD stock traded up $0.79 on Tuesday, hitting $17.78. 214,546 shares of the stock were exchanged, compared to its average volume of 106,790. The firm’s 50 day moving average is $16.41 and its two-hundred day moving average is $12.69. China Yuchai International has a one year low of $7.95 and a one year high of $26.10. The firm has a market capitalization of $4.80 million, a PE ratio of 10.97 and a beta of 0.91.

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.