Short Interest in Great Wall Motor Company Limited (OTCMKTS:GWLLF) Declines By 71.6%

Great Wall Motor Company Limited (OTCMKTS:GWLLFGet Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 1,902,058 shares, a drop of 71.6% from the July 15th total of 6,707,694 shares. Based on an average daily volume of 2 shares, the short-interest ratio is currently 951,029.0 days.

Great Wall Motor Stock Performance

OTCMKTS GWLLF opened at $1.10 on Thursday. Great Wall Motor has a one year low of $1.02 and a one year high of $2.51. The firm’s fifty day moving average is $1.17 and its two-hundred day moving average is $1.45.

Great Wall Motor Company Profile

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Great Wall Motor Company Limited is a leading Chinese automotive manufacturer based in Baoding, Hebei Province. The company specializes in the design, development and production of sport-utility vehicles (SUVs), pickup trucks and electric vehicles. Its portfolio includes the Haval brand of SUVs, the WEY luxury SUV line, the Tank series of off-road vehicles and the ORA electric vehicle brand. Great Wall Motor’s vertical integration spans steel stamping, welding, painting and final assembly, allowing the company to maintain control over key production processes and quality standards.

Founded in 1984 as the Baoding Great Wall Foundry Factory, the company adopted the name Great Wall Motor in 1996 to reflect its automotive ambitions.

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