China Yuchai International Limited (NYSE:CYD) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 63,000 shares, a decline of 23.5% from the May 30th total of 82,400 shares. Based on an average daily trading volume, of 41,000 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.4% of the company’s stock are short sold.

NYSE:CYD traded down $0.06 during trading hours on Friday, reaching $14.06. 50,400 shares of the company traded hands, compared to its average volume of 44,535. The firm has a 50-day moving average price of $14.52. The firm has a market capitalization of $586.06 million, a PE ratio of 5.67 and a beta of 1.79. China Yuchai International has a 1 year low of $12.00 and a 1 year high of $20.95.

China Yuchai International (NYSE:CYD) last announced its quarterly earnings data on Friday, May 10th. The company reported $0.72 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.74 by ($0.02). The company had revenue of $618.29 million for the quarter, compared to analysts’ expectations of $685.49 million. China Yuchai International had a net margin of 4.04% and a return on equity of 23.05%. As a group, research analysts predict that China Yuchai International will post 2.65 EPS for the current fiscal year.

The firm also recently announced an annual dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, July 11th will be issued a $0.85 dividend. This represents a dividend yield of 5.89%. The ex-dividend date of this dividend is Wednesday, July 10th. China Yuchai International’s payout ratio is 34.27%.

A number of brokerages have issued reports on CYD. Zacks Investment Research cut ExlService from a “hold” rating to a “sell” rating in a research note on Wednesday. TheStreet upgraded BlackRock TCP Capital from a “c+” rating to a “b” rating in a research note on Tuesday, May 28th.

Several institutional investors have recently bought and sold shares of the business. Morgan Stanley lifted its position in China Yuchai International by 9.5% during the 3rd quarter. Morgan Stanley now owns 114,643 shares of the company’s stock valued at $1,980,000 after purchasing an additional 9,944 shares during the period. California Public Employees Retirement System lifted its position in China Yuchai International by 6.3% during the 4th quarter. California Public Employees Retirement System now owns 96,291 shares of the company’s stock valued at $1,198,000 after purchasing an additional 5,727 shares during the period. BlackRock Inc. lifted its position in China Yuchai International by 19.1% during the 4th quarter. BlackRock Inc. now owns 159,559 shares of the company’s stock valued at $1,986,000 after purchasing an additional 25,559 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in China Yuchai International during the 4th quarter valued at about $254,000. Finally, Northern Trust Corp lifted its position in China Yuchai International by 3.6% during the 4th quarter. Northern Trust Corp now owns 22,130 shares of the company’s stock valued at $275,000 after purchasing an additional 762 shares during the period. 24.92% of the stock is owned by institutional investors and hedge funds.

China Yuchai International Company Profile

China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People's Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel and natural gas engines for light trucks, medium and heavy-duty trucks, buses and passenger vehicles, and marine and industrial applications; and generator sets.

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