Great Wall Motor Company Limited (OTCMKTS:GWLLF – Get Free Report) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 8,015,608 shares, an increase of 363.3% from the August 15th total of 1,729,988 shares. Based on an average daily trading volume, of 2,367 shares, the days-to-cover ratio is currently 3,386.4 days.
Great Wall Motor Price Performance
OTCMKTS GWLLF remained flat at $0.94 during trading hours on Friday. Great Wall Motor has a 52 week low of $0.94 and a 52 week high of $2.22. The stock has a 50 day moving average price of $1.07 and a two-hundred day moving average price of $1.35.
About Great Wall Motor
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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