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

China Yuchai International Limited (NYSE:CYD) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 158,100 shares, a decline of 19.0% from the February 28th total of 195,200 shares. Approximately 1.1% of the shares of the company are sold short. Based on an average daily volume of 324,100 shares, the short-interest ratio is presently 0.5 days.

China Yuchai International Stock Performance

NYSE:CYD traded down $1.26 during trading hours on Wednesday, reaching $16.45. The stock had a trading volume of 170,569 shares, compared to its average volume of 339,853. The stock has a market cap of $4.44 million, a P/E ratio of 10.15 and a beta of 0.91. China Yuchai International has a 12-month low of $7.95 and a 12-month high of $26.10. The stock has a 50 day simple moving average of $16.52 and a 200 day simple moving average of $12.73.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CYD. StockNews.com lowered shares of China Yuchai International from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Greenridge Global downgraded shares of China Yuchai International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 26th.

Institutional Trading of China Yuchai International

Hedge funds and other institutional investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of China Yuchai International by 299.5% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 13,615 shares of the company’s stock valued at $130,000 after purchasing an additional 10,207 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in China Yuchai International during the 4th quarter worth about $191,000. Verity Asset Management Inc. grew its holdings in China Yuchai International by 19.5% during the 4th quarter. Verity Asset Management Inc. now owns 24,648 shares of the company’s stock valued at $235,000 after buying an additional 4,029 shares in the last quarter. Millennium Management LLC increased its position in shares of China Yuchai International by 42.2% during the fourth quarter. Millennium Management LLC now owns 47,263 shares of the company’s stock valued at $450,000 after buying an additional 14,030 shares during the period. Finally, Shah Capital Management lifted its holdings in shares of China Yuchai International by 3.0% in the fourth quarter. Shah Capital Management now owns 4,345,471 shares of the company’s stock worth $41,412,000 after buying an additional 128,509 shares in the last quarter.

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.