Short Interest in Jungheinrich AG (OTCMKTS:JGHAF) Expands By 285.7%

Key Points

• Short interest in Jungheinrich AG grew by 285.7% in September, reaching a total of 2,700 shares
• Jungheinrich's stock price remained stable at $33.84 as of the latest trading session, with a 12-month low of $24.70 and a high of $44.11
• The company provides intralogistics solutions including material handling equipment and automated systems through its two operating segments

Jungheinrich AG (OTCMKTS:JGHAF - ) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 2,700 shares, a growth of 285.7% from the September 15th total of 700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Jungheinrich Price Performance

Shares of Jungheinrich stock remained flat at $33.84 during trading hours on Friday. The firm's fifty day moving average is $35.99 and its 200-day moving average is $38.89. Jungheinrich has a 12-month low of $24.70 and a 12-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.

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