Short Interest in BYD Company Limited (OTCMKTS:BYDDF) Declines By 22.5%

BYD Company Limited (OTCMKTS:BYDDF) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,078,500 shares, a drop of 22.5% from the January 15th total of 1,392,400 shares. Based on an average daily volume of 127,500 shares, the short-interest ratio is presently 8.5 days.

BYD Price Performance

BYDDF traded up $2.51 during midday trading on Friday, hitting $46.67. 217,690 shares of the company were exchanged, compared to its average volume of 71,101. BYD has a 1-year low of $23.12 and a 1-year high of $49.19. The company’s 50 day simple moving average is $35.74 and its 200 day simple moving average is $33.96.

BYD Company Profile

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.