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

Sany Heavy Equipment International Holdings Company Limited (OTCMKTS:SNYYF) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 555,000 shares, a decline of 38.1% from the August 15th total of 897,000 shares. Based on an average daily trading volume, of 4,700 shares, the days-to-cover ratio is currently 118.1 days.

Sany Heavy Equipment International Price Performance

Shares of OTCMKTS SNYYF remained flat at $0.56 during mid-day trading on Monday. Sany Heavy Equipment International has a twelve month low of $0.52 and a twelve month high of $1.58. The business’s 50-day moving average price is $0.56 and its 200 day moving average price is $0.66.

About Sany Heavy Equipment International

Sany Heavy Equipment International Holdings Company Limited, an investment holding company, engages in the manufacture and sale of mining equipment, logistics equipment, robotic, smart mine products, and spare parts. It operates in two segments, Mining Equipment and Logistics Equipment. The company offers coal mining machinery products, such as road headers, including soft rock and hard rock road headers, integrated excavation, bolting, and self-protection machinery; mining equipment consisting of coal mining machines, hydraulic support system, scraper and armored-face conveyors, etc.; non-coal mining machinery products comprising tunnel road headers and mining machines; and mining transport equipment, which include mechanical and electric drive off-highway dump trucks, widebody vehicles, and other related products.