China Yuchai International Limited (NYSE:CYD) Short Interest Update

China Yuchai International Limited (NYSE:CYD) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 30,500 shares, an increase of 498.0% from the December 31st total of 5,100 shares. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are sold short.

Analysts Set New Price Targets

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

China Yuchai International Stock Up 4.3 %

CYD stock traded up $0.46 during trading on Tuesday, reaching $11.20. The company had a trading volume of 18,666 shares, compared to its average volume of 40,916. China Yuchai International has a twelve month low of $7.95 and a twelve month high of $13.05. The firm has a 50-day simple moving average of $9.84 and a 200-day simple moving average of $10.60.

Institutional Investors Weigh In On China Yuchai International

A number of hedge funds have recently modified their holdings of CYD. Shah Capital Management raised its position in China Yuchai International by 3.0% in the fourth quarter. Shah Capital Management now owns 4,345,471 shares of the company’s stock valued at $41,412,000 after purchasing an additional 128,509 shares during the period. Brandes Investment Partners LP lifted its position in China Yuchai International by 4.2% in the second quarter. Brandes Investment Partners LP now owns 1,293,521 shares of the company’s stock valued at $11,771,000 after buying an additional 51,953 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of China Yuchai International by 299.5% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock valued at $130,000 after acquiring an additional 10,207 shares during the last quarter. Verity Asset Management Inc. boosted its position in shares of China Yuchai International by 19.5% during the 4th quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock worth $235,000 after purchasing an additional 4,029 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of China Yuchai International by 2.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,891 shares of the company’s stock valued at $1,102,000 after buying an additional 1,842 shares during the period.

China Yuchai International Company Profile

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.