Short Interest in Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Declines By 14.5%

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 87,566,900 shares, a drop of 14.5% from the September 30th total of 102,457,200 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 19,036.3 days.

Guangzhou Automobile Group Trading Down 10.7 %

GNZUF stock traded down $0.04 during mid-day trading on Thursday, reaching $0.37. The company’s stock had a trading volume of 3,000 shares, compared to its average volume of 8,477. Guangzhou Automobile Group has a 12 month low of $0.27 and a 12 month high of $0.50. The business’s 50 day moving average price is $0.34 and its 200 day moving average price is $0.37.

About Guangzhou Automobile Group

Guangzhou Automobile Group Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others.