China Yuchai International Limited (NYSE:CYD) Sees Significant Decline in Short Interest

China Yuchai International Limited (NYSE:CYD) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 1,800 shares, a decrease of 14.3% from the March 15th total of 2,100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 14,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On China Yuchai International

Institutional investors have recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. boosted its stake in China Yuchai International by 3.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 70,475 shares of the company’s stock worth $712,000 after acquiring an additional 2,605 shares in the last quarter. BlackRock Inc. boosted its stake in China Yuchai International by 0.9% during the first quarter. BlackRock Inc. now owns 296,320 shares of the company’s stock worth $2,338,000 after acquiring an additional 2,602 shares in the last quarter. UBS Group AG boosted its stake in China Yuchai International by 1.6% during the fourth quarter. UBS Group AG now owns 91,106 shares of the company’s stock worth $763,000 after acquiring an additional 1,432 shares in the last quarter. Susquehanna International Group LLP boosted its stake in China Yuchai International by 69.9% during the first quarter. Susquehanna International Group LLP now owns 31,200 shares of the company’s stock worth $246,000 after acquiring an additional 12,831 shares in the last quarter. Finally, Millennium Management LLC bought a new position in China Yuchai International during the fourth quarter worth $183,000.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of China Yuchai International from a “hold” rating to a “buy” rating in a research note on Wednesday, February 28th.

China Yuchai International Stock Down 1.1 %

NYSE:CYD opened at $8.25 on Tuesday. The firm’s fifty day moving average is $8.61 and its 200-day moving average is $8.75. China Yuchai International has a 52 week low of $7.31 and a 52 week high of $12.50.

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, and agriculture applications in the People's Republic of China and internationally. It operates through two segments, Yuchai and HLGE.