Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) Sees Large Drop in Short Interest

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAFGet Free Report) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 9,400 shares, a decline of 6.9% from the October 31st total of 10,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Ratings Changes

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

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Jungheinrich Aktiengesellschaft Price Performance

OTCMKTS JGHAF opened at $26.70 on Tuesday. Jungheinrich Aktiengesellschaft has a 1 year low of $26.70 and a 1 year high of $26.70. The business’s fifty day moving average is $26.70 and its two-hundred day moving average is $26.70.

Jungheinrich Aktiengesellschaft Company Profile

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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.

Further Reading

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