Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) Sees Large Growth in Short Interest

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF - Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 10,100 shares, a growth of 62.9% from the October 15th total of 6,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 101.0 days.

Jungheinrich Aktiengesellschaft Stock Performance

Shares of JGHAF stock remained flat at $26.70 on Thursday. The stock's 50 day moving average price is $26.70 and its 200-day moving average price is $26.70. Jungheinrich Aktiengesellschaft has a fifty-two week low of $26.70 and a fifty-two week high of $26.70.

Wall Street Analysts Forecast Growth

Separately, Barclays raised Jungheinrich Aktiengesellschaft to a "strong-buy" rating in a research note on Friday, September 20th.

About Jungheinrich Aktiengesellschaft

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.