Geely Automobile Holdings Limited (OTCMKTS:GELYF) Sees Large Decrease in Short Interest

Geely Automobile Holdings Limited (OTCMKTS:GELYF) was the recipient of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 3,040,000 shares, a drop of 65.2% from the January 31st total of 8,728,000 shares. Based on an average daily volume of 170,000 shares, the short-interest ratio is presently 17.9 days.

Geely Automobile Price Performance

GELYF traded down $0.14 during trading on Friday, reaching $2.29. The company’s stock had a trading volume of 74,304 shares, compared to its average volume of 79,001. The company’s fifty day moving average price is $1.98 and its 200-day moving average price is $1.69. Geely Automobile has a 52-week low of $0.95 and a 52-week high of $2.45.

About Geely Automobile

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