Could JUNGHEINRICH AG PREF SHS VTG RTS GERMAN (OTCMKTS:JGHAF) Change Direction After Less Shorts?

The stock of JUNGHEINRICH AG PREF SHS VTG RTS GERMAN (OTCMKTS:JGHAF) registered a decrease of 14.88% in short interest. JGHAF’s total short interest was 36,600 shares in October as published by FINRA. Its down 14.88% from 43,000 shares, reported previously. With 300 shares average volume, it will take short sellers 122 days to cover their JGHAF’s short positions.

It closed at $21.7 lastly. It is down 0.00% since October 12, 2018 and is . It has by 0.00% the S&P500.

Jungheinrich Aktiengesellschaft, through its subsidiaries, makes and supplies products for the material handling equipment, warehousing technology, and material flow engineering sectors. The company has market cap of $2.24 billion. The companyÂ’s Intralogistics segment develops, produces, and sells new trucks; rents new and used material handling equipment; reconditions and sells used equipment; and provides spare parts, as well as maintenance and repair services. It has a 10.37 P/E ratio. The Company’s Financial Services segment engages in the usage transfer and sales financing of material handling equipment and warehousing technology products.

More recent Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) news were published by: Globenewswire.com which released: “I.D. Systems and Jungheinrich AG Sign Global Technology Agreement – GlobeNewswire” on February 07, 2019. Also Seekingalpha.com published the news titled: “Jungheinrich AG ADR 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 09, 2018. Seekingalpha.com‘s news article titled: “Jungheinrich AG 2018 Q1 – Results – Earnings Call Slides – Seeking Alpha” with publication date: May 07, 2018 was also an interesting one.

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