Dowlais Group plc (OTCMKTS:DWLAF) Short Interest Up 600.0% in April

Dowlais Group plc (OTCMKTS:DWLAF) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 700 shares, an increase of 600.0% from the March 31st total of 100 shares. Based on an average daily volume of 112,000 shares, the short-interest ratio is presently 0.0 days.

Dowlais Group Stock Performance

Shares of OTCMKTS DWLAF remained flat at $1.05 during mid-day trading on Friday. The stock’s 50-day moving average is $1.06 and its 200 day moving average is $1.16. Dowlais Group has a 1 year low of $0.00 and a 1 year high of $1.72.

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.