Short Interest in Jungheinrich AG (OTCMKTS:JGHAF) Rises By 78.4%

Jungheinrich AG (OTCMKTS:JGHAF) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 193,289 shares, an increase of 78.4% from the January 29th total of 108,343 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 12 shares, the days-to-cover ratio is currently 16,107.4 days. Based on an average daily volume of 12 shares, the days-to-cover ratio is currently 16,107.4 days. Approximately 0.4% of the shares of the stock are sold short.

Jungheinrich Stock Performance

JGHAF stock remained flat at $41.11 during midday trading on Friday. The business has a 50 day simple moving average of $41.11 and a 200 day simple moving average of $37.57. Jungheinrich has a 52-week low of $24.70 and a 52-week 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.