Short Interest in Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Expands By 88.3%

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 77,046,700 shares, a growth of 88.3% from the August 15th total of 40,922,700 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is presently 14,537.1 days.

Guangzhou Automobile Group Stock Up 14.0 %

Shares of OTCMKTS GNZUF traded up $0.04 during midday trading on Friday, reaching $0.32. 597 shares of the company’s stock were exchanged, compared to its average volume of 8,988. Guangzhou Automobile Group has a 52-week low of $0.27 and a 52-week high of $0.54. The business’s fifty day moving average price is $0.33 and its two-hundred day moving average price is $0.38.

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.