China Yuchai International Limited (NYSE:CYD - Get Free Report) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 149,400 shares, a decline of 43.3% from the April 30th total of 263,400 shares. Approximately 1.1% of the company's shares are short sold. Based on an average daily volume of 386,200 shares, the short-interest ratio is currently 0.4 days.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Ariose Capital Management Ltd acquired a new position in shares of China Yuchai International during the 1st quarter worth approximately $3,383,000. Pinpoint Asset Management Ltd acquired a new stake in China Yuchai International in the first quarter valued at approximately $3,382,000. Jane Street Group LLC acquired a new stake in China Yuchai International in the first quarter valued at approximately $1,409,000. Hhlr Advisors LTD. acquired a new stake in China Yuchai International in the first quarter valued at approximately $1,189,000. Finally, Millennium Management LLC raised its stake in shares of China Yuchai International by 42.2% during the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company's stock valued at $450,000 after acquiring an additional 14,030 shares during the last quarter.
Wall Street Analyst Weigh In
Several brokerages have commented on CYD. Wall Street Zen cut shares of China Yuchai International from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Greenridge Global lowered shares of China Yuchai International from a "strong-buy" rating to a "hold" rating in a report on Wednesday, February 26th.
View Our Latest Report on China Yuchai International
China Yuchai International Price Performance
NYSE:CYD traded down $0.18 on Wednesday, hitting $16.95. 68,752 shares of the company's stock were exchanged, compared to its average volume of 144,999. The firm has a 50-day moving average price of $16.09 and a 200-day moving average price of $14.13. The company has a market cap of $635.93 million, a P/E ratio of 10.46 and a beta of 0.91. China Yuchai International has a 52 week low of $8.13 and a 52 week high of $26.10.
About China Yuchai International
(
Get Free Report)
China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People's Republic of China and internationally.
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