China Yongda Automobiles Services Holdings Limited (OTCMKTS:CYYHF) Sees Large Decrease in Short Interest

China Yongda Automobiles Services Holdings Limited (OTCMKTS:CYYHFGet Free Report) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,500 shares, a drop of 56.3% from the April 30th total of 8,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

China Yongda Automobiles Services Stock Performance

OTCMKTS CYYHF opened at $0.27 on Friday. The firm’s 50 day simple moving average is $0.27 and its 200 day simple moving average is $0.27. China Yongda Automobiles Services has a 1 year low of $0.23 and a 1 year high of $0.59.

China Yongda Automobiles Services Company Profile

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China Yongda Automobiles Services (OTCMKTS:CYYHF) is a leading automotive retail and services company headquartered in Tianjin, China. Founded in 2005, the firm specializes in the distribution and sale of new passenger vehicles, operating a network of franchised dealerships that partner with internationally recognized brands. Its primary portfolio includes automobiles from General Motors, Mercedes-Benz, BMW and other major manufacturers, catering to the growing demand for quality vehicles in urban and regional markets across China.

In addition to new-car retailing, China Yongda provides a comprehensive suite of after-sales services, including maintenance, repair and spare-parts distribution.

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