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

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 279,512 shares, an increase of 33.1% from the January 29th total of 210,037 shares. Based on an average daily trading volume, of 2,735 shares, the days-to-cover ratio is presently 102.2 days. Based on an average daily trading volume, of 2,735 shares, the days-to-cover ratio is presently 102.2 days.

Sany Heavy Equipment International Price Performance

OTCMKTS:SNYYF opened at $2.04 on Monday. Sany Heavy Equipment International has a 1-year low of $0.61 and a 1-year high of $2.14. The firm has a fifty day simple moving average of $1.47 and a 200 day simple moving average of $1.14.

About Sany Heavy Equipment International

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.