Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) Sees Significant Increase in Short Interest

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 869,450 shares, an increase of 211.1% from the February 12th total of 279,512 shares. Based on an average daily volume of 17,219 shares, the short-interest ratio is presently 50.5 days. Based on an average daily volume of 17,219 shares, the short-interest ratio is presently 50.5 days.

Sany Heavy Equipment International Trading Up 0.6%

Sany Heavy Equipment International stock opened at $1.81 on Wednesday. The stock has a 50-day moving average price of $1.58 and a two-hundred day moving average price of $1.19. Sany Heavy Equipment International has a 12 month low of $0.61 and a 12 month high of $2.14.

Sany Heavy Equipment International Company Profile

Sany Heavy Equipment International (OTCMKTS: SNYYF) serves as the overseas distribution and marketing arm of Sany Heavy Industry Co, Ltd., one of the world’s leading manufacturers of construction and mining machinery. Through its network of subsidiaries and regional partners, the company is responsible for global sales, equipment financing, and after-sales support for a diverse range of heavy equipment products.

The company’s product portfolio encompasses hydraulic excavators, all-terrain and crawler cranes, concrete machinery including pumps and batching plants, drilling and piling rigs, road maintenance equipment, and port handling machinery.