Short Interest in Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) Expands By 62.9%

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 10,100 shares, an increase of 62.9% from the October 15th total of 6,200 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 101.0 days.

Analysts Set New Price Targets

Separately, Barclays upgraded Jungheinrich Aktiengesellschaft to a “strong-buy” rating in a research report on Friday, September 20th.

Jungheinrich Aktiengesellschaft Stock Performance

JGHAF opened at $26.70 on Friday. The stock’s 50 day simple moving average is $26.70 and its 200 day simple moving average is $26.70. Jungheinrich Aktiengesellschaft has a 1 year low of $26.70 and a 1 year high of $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.