Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) Sees Significant Decrease in Short Interest

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) was the target of a large decline in short interest in 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 trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Upgrades and Downgrades

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

Jungheinrich Aktiengesellschaft Price Performance

OTCMKTS:JGHAF remained flat at $26.70 on Monday. 700 shares of the company’s stock were exchanged. Jungheinrich Aktiengesellschaft has a 52-week low of $26.70 and a 52-week high of $26.70. The stock’s fifty day simple moving average is $26.70 and its two-hundred day simple moving average is $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.