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

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China Yuchai International Limited (NYSE:CYD) was the target of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 21,700 shares, a decline of 22.5% from the October 31st total of 28,000 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 38,900 shares, the days-to-cover ratio is presently 0.6 days.

Shares of NYSE CYD traded down $0.45 during midday trading on Wednesday, hitting $12.97. The company’s stock had a trading volume of 34,700 shares, compared to its average volume of 44,457. The stock has a fifty day moving average price of $13.60 and a 200 day moving average price of $13.82. China Yuchai International has a one year low of $12.00 and a one year high of $19.95. The firm has a market capitalization of $548.34 million, a price-to-earnings ratio of 5.23 and a beta of 1.80.

China Yuchai International (NYSE:CYD) last posted its quarterly earnings results on Wednesday, November 13th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.28). The business had revenue of $467.73 million during the quarter, compared to the consensus estimate of $574.31 million. China Yuchai International had a net margin of 3.87% and a return on equity of 22.79%. During the same period last year, the firm earned $0.46 EPS. As a group, analysts expect that China Yuchai International will post 1.7 EPS for the current year.

Several research analysts recently weighed in on CYD shares. ValuEngine upgraded shares of China Yuchai International from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Zacks Investment Research lowered shares of China Yuchai International from a “hold” rating to a “strong sell” rating in a research report on Monday, November 18th.

A number of large investors have recently modified their holdings of CYD. James Investment Research Inc. grew its stake in China Yuchai International by 21.2% during the second quarter. James Investment Research Inc. now owns 31,410 shares of the company’s stock valued at $471,000 after acquiring an additional 5,500 shares in the last quarter. John G Ullman & Associates Inc. purchased a new position in China Yuchai International in the 2nd quarter worth approximately $169,000. JPMorgan Chase & Co. purchased a new position in China Yuchai International in the 2nd quarter worth approximately $126,000. Arnhold LLC grew its stake in China Yuchai International by 7.5% in the 2nd quarter. Arnhold LLC now owns 285,000 shares of the company’s stock worth $4,272,000 after buying an additional 20,000 shares in the last quarter. Finally, Atria Investments LLC purchased a new position in China Yuchai International in the 2nd quarter worth approximately $251,000. 23.47% of the stock is owned by institutional investors.

About China Yuchai International

China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People's Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel and natural gas engines for light trucks, medium and heavy-duty trucks, buses and passenger vehicles, and marine and industrial applications; and generator sets.

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