BYD Company Limited (OTCMKTS:BYDDY) Sees Large Increase in Short Interest

BYD Company Limited (OTCMKTS:BYDDY) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totalling 305,400 shares, an increase of 105.4% from the July 31st total of 148,700 shares. Based on an average daily trading volume, of 570,900 shares, the days-to-cover ratio is currently 0.5 days.

BYD Price Performance

BYD stock traded up $1.78 during midday trading on Thursday, hitting $58.46. 151,368 shares of the company were exchanged, compared to its average volume of 357,469. BYD has a fifty-two week low of $43.62 and a fifty-two week high of $65.70. The company’s fifty day moving average price is $58.73 and its 200-day moving average price is $55.30. The company has a market cap of $87.05 billion, a PE ratio of 20.02, a price-to-earnings-growth ratio of 1.95 and a beta of 0.35.

BYD Company Profile

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.