Geely Automobile Holdings Limited (OTCMKTS:GELYY) Sees Large Increase in Short Interest

Geely Automobile Holdings Limited (OTCMKTS:GELYY) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 29,300 shares, an increase of 48.0% from the March 31st total of 19,800 shares. Based on an average daily volume of 44,100 shares, the days-to-cover ratio is presently 0.7 days.

Geely Automobile Price Performance

Shares of OTCMKTS:GELYY traded up $0.57 during midday trading on Friday, reaching $24.07. 18,929 shares of the company’s stock were exchanged, compared to its average volume of 20,303. The company’s 50 day simple moving average is $22.69 and its two-hundred day simple moving average is $22.01. Geely Automobile has a 12 month low of $18.75 and a 12 month high of $29.86.

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 vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.