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

Geely Automobile Holdings Limited (OTCMKTS:GELYY) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 10,500 shares, a growth of 144.2% from the June 30th total of 4,300 shares. Based on an average daily trading volume, of 42,200 shares, the short-interest ratio is currently 0.2 days.

Geely Automobile Trading Down 0.1 %

Geely Automobile stock traded down $0.03 during midday trading on Friday, reaching $20.01. 42,082 shares of the stock traded hands, compared to its average volume of 17,899. The firm has a fifty day moving average price of $23.15 and a two-hundred day moving average price of $22.58. Geely Automobile has a fifty-two week low of $18.75 and a fifty-two week high of $29.86.

Geely Automobile Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 16th. Investors of record on Monday, June 24th will be issued a $0.0168 dividend. The ex-dividend date of this dividend is Monday, June 24th.

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.