Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 3,140,588 shares, an increase of 303.2% from the September 15th total of 778,954 shares. Based on an average trading volume of 98,156 shares, the days-to-cover ratio is presently 32.0 days.
Geely Automobile Stock Performance
Shares of OTCMKTS:GELYF opened at $1.95 on Tuesday. Geely Automobile has a 52-week low of $1.71 and a 52-week high of $3.30. The stock’s fifty day simple moving average is $2.18 and its 200-day simple moving average is $2.46.
Geely Automobile Company Profile
Geely Automobile Holdings Ltd. is a China-based automotive manufacturer headquartered in Hangzhou, Zhejiang. The company develops, manufactures and sells passenger vehicles, including gasoline-powered automobiles, plug-in hybrid models and battery-electric vehicles. Its operations also include the production of vehicle engines, transmissions and related automotive components.
Geely Automobile’s vehicle portfolio includes the Geely brand as well as premium and new-energy offerings associated with Lynk & Co and ZEEKR.
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