Short Interest in Jungheinrich AG (OTCMKTS:JGHAF) Decreases By 98.2%

Key Points

• Short interest fell 98.2% to 3,612 shares as of March 31 from 197,280 on March 15, leaving 0.0% of the stock sold short and an unusually high short-interest ratio of 722.4 days based on an average daily volume of 5 shares.
• Shares were unchanged at $41.11 midday, with a 50-day moving average of $41.11, a 200-day moving average of $38.38, and a 12-month range of $24.70 to $44.11.

Jungheinrich AG (OTCMKTS:JGHAF - Get Free Report) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totaling 3,612 shares, a decrease of 98.2% from the March 15th total of 197,280 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 5 shares, the short-interest ratio is presently 722.4 days.

Jungheinrich Stock Performance

Shares of Jungheinrich stock remained flat at $41.11 during midday trading on Friday. The business's 50 day moving average price is $41.11 and its 200 day moving average price is $38.38. Jungheinrich has a 12 month low of $24.70 and a 12 month high of $44.11.

Jungheinrich Company Profile

Jungheinrich AG is a leading global provider of intralogistics solutions, specializing in material handling equipment and services. The company develops, manufactures and distributes a broad range of lift trucks, automated storage and retrieval systems, shelving, conveyor technology and associated spare parts. Its product portfolio is designed to address the operational needs of warehouses, distribution centers and manufacturing facilities across various industries.

In addition to its core hardware offerings, Jungheinrich provides comprehensive lifecycle services including equipment rental and leasing, preventive maintenance, repair services and spare-parts management.

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