Short Interest in Geely Automobile Holdings Limited (OTCMKTS:GELYY) Rises By 9.6%

Geely Automobile Holdings Limited (OTCMKTS:GELYY) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 18,200 shares, an increase of 9.6% from the September 15th total of 16,600 shares. Based on an average daily volume of 63,500 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, Macquarie raised shares of Geely Automobile to a “strong-buy” rating in a research note on Friday, October 4th.

Geely Automobile Trading Up 3.6 %

OTCMKTS GELYY opened at $31.27 on Thursday. Geely Automobile has a 12 month low of $18.48 and a 12 month high of $36.07. The company’s 50 day simple moving average is $25.10 and its 200 day simple moving average is $23.89.

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.