Jungheinrich AG (OTCMKTS:JGHAF) Sees Large Decrease in Short Interest

Jungheinrich AG (OTCMKTS:JGHAF) was the target of a significant decline in short interest in March. As of March 13th, there was short interest totaling 197,280 shares, a decline of 22.1% from the February 26th total of 253,360 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Approximately 0.4% of the company’s stock are short sold.

Jungheinrich Price Performance

JGHAF opened at $41.11 on Friday. Jungheinrich has a twelve month low of $24.70 and a twelve month high of $44.11. The company has a fifty day simple moving average of $41.11 and a 200 day simple moving average of $37.91.

About Jungheinrich

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.