Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) Sees Significant Increase in Short Interest

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,096,900 shares, a growth of 35.9% from the December 15th total of 807,000 shares. Based on an average daily trading volume, of 38,000 shares, the days-to-cover ratio is currently 28.9 days.

Sany Heavy Equipment International Stock Performance

Shares of SNYYF remained flat at $0.61 on Friday. Sany Heavy Equipment International has a 52-week low of $0.50 and a 52-week high of $1.00. The business’s 50 day simple moving average is $0.62 and its two-hundred day simple moving average is $0.60.

Sany Heavy Equipment International Company Profile

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, engages in the manufacture and sale of mining equipment, logistics equipment, robotic, smart mine products, and spare parts. It operates in two segments, Mining Equipment and Logistics Equipment. The company offers coal mining machinery products, such as road headers, including soft rock and hard rock road headers, integrated excavation, bolting, and self-protection machinery; mining equipment consisting of coal mining machines, hydraulic support system, scraper and armored-face conveyors, etc.; non-coal mining machinery products comprising tunnel road headers and mining machines; and mining transport equipment, which include mechanical and electric drive off-highway dump trucks, widebody vehicles, and other related products.