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

Geely Automobile Holdings Limited (OTCMKTS:GELYF) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 3,637,600 shares, an increase of 21.9% from the February 28th total of 2,983,400 shares. Based on an average trading volume of 100,700 shares, the days-to-cover ratio is currently 36.1 days.

Geely Automobile Price Performance

Shares of Geely Automobile stock traded up $0.08 during trading hours on Thursday, hitting $2.22. The company’s stock had a trading volume of 18,510 shares, compared to its average volume of 65,645. Geely Automobile has a 12-month low of $0.95 and a 12-month high of $2.45. The business has a 50 day moving average price of $2.16 and a two-hundred day moving average price of $1.89.

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