Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Drops By 25.4%

BYD Company Limited (OTCMKTS:BYDDY) saw a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 153,000 shares, a decline of 25.4% from the October 15th total of 205,100 shares. Based on an average daily volume of 605,600 shares, the days-to-cover ratio is presently 0.3 days.

BYD Trading Down 3.0 %

BYDDY stock traded down $2.12 during midday trading on Friday, hitting $67.72. 289,646 shares of the company’s stock were exchanged, compared to its average volume of 346,749. BYD has a 12-month low of $43.62 and a 12-month high of $83.67. The firm has a 50 day moving average price of $70.24 and a 200-day moving average price of $62.34. The stock has a market capitalization of $100.84 billion, a price-to-earnings ratio of 20.90, a price-to-earnings-growth ratio of 0.96 and a beta of 0.33.

BYD (OTCMKTS:BYDDY) last issued its quarterly earnings results on Wednesday, August 28th. The company reported $0.86 earnings per share for the quarter. BYD had a return on equity of 22.72% and a net margin of 4.86%. The business had revenue of $24.33 billion during the quarter. On average, sell-side analysts forecast that BYD will post 3.84 EPS for the current fiscal year.

BYD Company Profile

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.