Great Wall Motor Company Limited (OTCMKTS:GWLLF – Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 159,687 shares, a decrease of 24.2% from the February 26th total of 210,704 shares. Based on an average daily volume of 7,886 shares, the short-interest ratio is presently 20.2 days.
Great Wall Motor Price Performance
Shares of OTCMKTS:GWLLF remained flat at $1.57 during trading on Monday. The company’s stock had a trading volume of 500 shares, compared to its average volume of 3,655. Great Wall Motor has a 52-week low of $1.38 and a 52-week high of $2.51. The firm has a fifty day simple moving average of $1.64 and a two-hundred day simple moving average of $1.87.
About Great Wall Motor
Great Wall Motor Company Limited is a leading Chinese automotive manufacturer based in Baoding, Hebei Province. The company specializes in the design, development and production of sport-utility vehicles (SUVs), pickup trucks and electric vehicles. Its portfolio includes the Haval brand of SUVs, the WEY luxury SUV line, the Tank series of off-road vehicles and the ORA electric vehicle brand. Great Wall Motor’s vertical integration spans steel stamping, welding, painting and final assembly, allowing the company to maintain control over key production processes and quality standards.
Founded in 1984 as the Baoding Great Wall Foundry Factory, the company adopted the name Great Wall Motor in 1996 to reflect its automotive ambitions.
Further Reading
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