China Yuchai International Limited (NYSE:CYD) Short Interest Up 498.0% in December

China Yuchai International Limited (NYSE:CYD) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 30,500 shares, a growth of 498.0% from the December 15th total of 5,100 shares. Based on an average daily volume of 35,100 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the company’s stock are sold short.

China Yuchai International Stock Performance

Shares of CYD traded up $0.06 during mid-day trading on Wednesday, reaching $10.24. 16,385 shares of the company’s stock were exchanged, compared to its average volume of 27,648. The business’s fifty day simple moving average is $9.60 and its 200-day simple moving average is $10.48. China Yuchai International has a 52-week low of $7.95 and a 52-week high of $13.05.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of China Yuchai International from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 12th.

Hedge Funds Weigh In On China Yuchai International

Hedge funds have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of China Yuchai International during the third quarter worth approximately $43,000. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of China Yuchai International by 2.2% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock worth $1,102,000 after purchasing an additional 1,842 shares during the period. Brandes Investment Partners LP lifted its holdings in shares of China Yuchai International by 4.2% during the second quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock worth $11,771,000 after purchasing an additional 51,953 shares during the period. Finally, Shah Capital Management lifted its holdings in shares of China Yuchai International by 0.7% during the second quarter. Shah Capital Management now owns 4,221,152 shares of the company’s stock worth $38,412,000 after purchasing an additional 28,380 shares during the period.

About China Yuchai International

China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, construction, agriculture, and generator set applications in the People’s Republic of China and internationally.