Short Interest in Geely Automobile Holdings Limited (OTCMKTS:GELYF) Drops By 38.6%

Geely Automobile Holdings Limited (OTCMKTS:GELYF) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 1,481,200 shares, a decrease of 38.6% from the August 15th total of 2,411,600 shares. Based on an average trading volume of 58,300 shares, the days-to-cover ratio is currently 25.4 days.

Geely Automobile Stock Performance

Geely Automobile stock traded up $0.01 during midday trading on Friday, reaching $1.16. The stock had a trading volume of 17,223 shares, compared to its average volume of 67,354. Geely Automobile has a 52-week low of $0.91 and a 52-week high of $1.36. The company has a fifty day moving average of $1.05 and a 200 day moving average of $1.13.

Geely Automobile Company Profile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.