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

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 213,995 shares, a decrease of 75.4% from the February 26th total of 869,450 shares. Based on an average trading volume of 6,324 shares, the days-to-cover ratio is presently 33.8 days. Based on an average trading volume of 6,324 shares, the days-to-cover ratio is presently 33.8 days.

Sany Heavy Equipment International Price Performance

Shares of Sany Heavy Equipment International stock opened at $1.65 on Wednesday. The firm’s 50 day moving average is $1.69 and its 200 day moving average is $1.24. Sany Heavy Equipment International has a 1 year low of $0.61 and a 1 year high of $2.14.

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.