China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Short Interest Up 502.2% in March

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 1,072,000 shares, an increase of 502.2% from the February 28th total of 178,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

China MeiDong Auto Price Performance

CMEIF remained flat at $0.28 during trading on Thursday. China MeiDong Auto has a twelve month low of $0.21 and a twelve month high of $0.64. The stock has a 50 day simple moving average of $0.29 and a 200 day simple moving average of $0.29.

About China MeiDong Auto

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.