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

China Yuchai International Limited (NYSE:CYD) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 3,900 shares, a growth of 50.0% from the October 31st total of 2,600 shares. Based on an average daily trading volume, of 23,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On China Yuchai International

Several large investors have recently bought and sold shares of the business. Connor Clark & Lunn Investment Management Ltd. boosted its holdings 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 acquiring an additional 1,842 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in China Yuchai International in the third quarter worth approximately $43,000. Brandes Investment Partners LP grew its position in China Yuchai International by 4.2% in the 2nd quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock worth $11,771,000 after purchasing an additional 51,953 shares during the period. Shah Capital Management raised its stake in China Yuchai International by 0.7% during the 2nd quarter. Shah Capital Management now owns 4,221,152 shares of the company’s stock valued at $38,412,000 after buying an additional 28,380 shares during the last quarter. Finally, Verity Asset Management Inc. bought a new position in shares of China Yuchai International during the 1st quarter valued at $175,000.

Wall Street Analyst Weigh In

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

China Yuchai International Stock Down 1.4 %

Shares of China Yuchai International stock traded down $0.13 on Friday, reaching $9.29. The company’s stock had a trading volume of 13,728 shares, compared to its average volume of 19,069. The company has a market capitalization of $2.51 million, a price-to-earnings ratio of 7.20 and a beta of 1.07. China Yuchai International has a 52 week low of $7.85 and a 52 week high of $13.05. The firm’s fifty day simple moving average is $11.14 and its two-hundred day simple moving average is $10.26.

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.