BYD Company Limited (OTCMKTS:BYDDF) Sees Large Decline in Short Interest

BYD Company Limited (OTCMKTS:BYDDF) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,879,700 shares, a drop of 58.1% from the February 29th total of 4,484,400 shares. Based on an average daily volume of 293,000 shares, the days-to-cover ratio is presently 6.4 days.

BYD Trading Down 2.0 %

BYD stock traded down $0.52 on Friday, hitting $25.31. The company’s stock had a trading volume of 103,511 shares, compared to its average volume of 136,547. The company has a fifty day moving average price of $24.79 and a 200-day moving average price of $27.67. BYD has a one year low of $21.80 and a one year high of $36.27.

BYD Company Profile

BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the People's Republic of China and internationally. The company operates through three segments: The Secondary Rechargeable Batteries and Photovoltaic; Mobile Phone Components, Assembly, and Other Products; and Automobiles, Automobile-Related Products and Other Products.