Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 408,073 shares, a drop of 87.0% from the September 30th total of 3,140,588 shares. Based on an average daily volume of 167,310 shares, the short-interest ratio is presently 2.4 days.
Geely Automobile Stock Up 0.8%
Shares of OTCMKTS:GELYF traded up $0.01 during trading on Wednesday, hitting $1.80. 13,850 shares of the company were exchanged, compared to its average volume of 67,759. Geely Automobile has a fifty-two week low of $1.64 and a fifty-two week high of $3.30. The firm has a fifty day moving average price of $2.07 and a two-hundred day moving average price of $2.36.
About Geely Automobile
Geely Automobile Holdings Ltd. is a China-based automotive manufacturer headquartered in Hangzhou, Zhejiang. The company develops, manufactures and sells passenger vehicles, including gasoline-powered automobiles, plug-in hybrid models and battery-electric vehicles. Its operations also include the production of vehicle engines, transmissions and related automotive components.
Geely Automobile’s vehicle portfolio includes the Geely brand as well as premium and new-energy offerings associated with Lynk & Co and ZEEKR.
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