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

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) saw a large increase in short interest in the month of 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 daily volume of 100 shares, the days-to-cover ratio is presently 101.0 days.

Wall Street Analyst Weigh In

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

Jungheinrich Aktiengesellschaft Stock Performance

Shares of OTCMKTS:JGHAF opened at $26.70 on Friday. The stock has a fifty day simple moving average of $26.70 and a two-hundred day simple moving average of $26.70. Jungheinrich Aktiengesellschaft has a 12-month low of $26.70 and a 12-month high of $26.70.

About Jungheinrich Aktiengesellschaft

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.