Jungheinrich AG (OTCMKTS:JGHAF) Short Interest Update

Key Points

• Jungheinrich AG experienced a significant increase in short interest, rising by 75.0% from mid-August to the end of August, with a total of 700 shares shorted.
• The company's stock price remained stable at $33.84, with a 52-week range between $24.70 and $44.11.
• Jungheinrich's operations focus on providing solutions in the intralogistics sector, offering products like material handling equipment and automated systems.

Jungheinrich AG (OTCMKTS:JGHAF - Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 700 shares, an increase of 75.0% from the August 15th total of 400 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 7.0 days. Currently, 0.0% of the company's shares are short sold. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 7.0 days.

Jungheinrich Price Performance

Shares of JGHAF stock remained flat at $33.84 on Friday. The company's 50-day simple moving average is $40.04 and its 200-day simple moving average is $37.99. Jungheinrich has a twelve month low of $24.70 and a twelve month high of $44.11.

Jungheinrich 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.