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 May. As of May 29th, there was short interest totaling 1,373,286 shares, an increase of 72.5% from the May 14th total of 795,905 shares. Based on an average trading volume of 14,605 shares, the days-to-cover ratio is currently 94.0 days.

Sany Heavy Equipment International Price Performance

Shares of OTCMKTS SNYYF opened at $0.95 on Monday. Sany Heavy Equipment International has a twelve month low of $0.79 and a twelve month high of $2.14. The company’s fifty day moving average is $1.32 and its 200-day moving average is $1.39.

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.