Jungheinrich AG (OTCMKTS:JGHAF) Short Interest Update

Key Points

• Jungheinrich AG experienced a significant 85.7% decrease in short interest in August, dropping from 2,800 shares to just 400 shares as of August 15th.
• The company's stock price remained flat at $39.80, with a 52-week range between $24.70 and $44.11.
• Jungheinrich operates in the intralogistics sector, offering a range of material handling equipment and services through its two segments: Intralogistics and Financial Services.

Jungheinrich AG (OTCMKTS:JGHAF - ) was the recipient of a large decrease in short interest in August. As of August 15th, there was short interest totaling 400 shares, adecreaseof85.7% from the July 31st total of 2,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4.0 days.

Jungheinrich Price Performance

Shares of JGHAF remained flat at $39.80 during midday trading on Tuesday. The stock's 50-day moving average price is $42.47 and its 200-day moving average price is $37.26. Jungheinrich has a 52-week low of $24.70 and a 52-week high of $44.11.

About Jungheinrich

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.

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