Short Interest in Geely Automobile Holdings Limited (OTCMKTS:GELYY) Grows By 48.0%

Geely Automobile Holdings Limited (OTCMKTS:GELYY) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 29,300 shares, an increase of 48.0% from the March 31st total of 19,800 shares. Based on an average daily trading volume, of 44,100 shares, the days-to-cover ratio is currently 0.7 days.

Geely Automobile Stock Performance

OTCMKTS:GELYY traded up $0.57 during mid-day trading on Monday, hitting $24.07. 18,900 shares of the company’s stock traded hands, compared to its average volume of 29,348. Geely Automobile has a 1 year low of $18.75 and a 1 year high of $29.86. The firm’s 50 day simple moving average is $22.69 and its 200 day simple moving average is $21.99.

About Geely Automobile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.