China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF – Get Free Report) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 2,000 shares, a decline of 71.4% from the December 31st total of 7,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
China MeiDong Auto Price Performance
Shares of OTCMKTS CMEIF opened at $0.16 on Friday. China MeiDong Auto has a 52 week low of $0.16 and a 52 week high of $0.25. The firm’s fifty day moving average is $0.19 and its 200 day moving average is $0.24.
China MeiDong Auto Company Profile
China MeiDong Auto (OTCMKTS:CMEIF) is a China-based company engaged primarily in the distribution and sale of new and used passenger vehicles. The company operates through a network of dealerships and showrooms, offering a range of popular domestic and imported automobile brands. In addition to vehicle sales, China MeiDong Auto provides after-sales services, including maintenance, repair, and genuine parts distribution, catering to the full life-cycle needs of its customers.
Beyond its core dealership operations, China MeiDong Auto has expanded into complementary automotive services.
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