Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) Short Interest Up 1,285.5% in August

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,602,901 shares, an increase of 1,285.5% from the July 30th total of 115,689 shares. Based on an average daily volume of 1,375 shares, the short-interest ratio is presently 1,165.7 days.

Sany Heavy Equipment International Price Performance

Shares of OTCMKTS SNYYF opened at $1.12 on Thursday. The stock’s fifty day moving average price is $0.93 and its two-hundred day moving average price is $1.31. Sany Heavy Equipment International has a one year low of $0.83 and a one year 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.