Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) Short Interest Up 102.1% in June

Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,212,580 shares, a growth of 102.1% from the May 31st total of 600,030 shares. Based on an average daily volume of 455 shares, the short-interest ratio is presently 2,665.0 days.

Brilliance China Automotive Price Performance

BCAUF remained flat at $0.28 during trading on Thursday. The company’s fifty day moving average price is $0.34 and its 200-day moving average price is $0.45. Brilliance China Automotive has a twelve month low of $0.28 and a twelve month high of $0.56.

Brilliance China Automotive Holdings Ltd. is a leading Chinese automotive manufacturer headquartered in Shenyang, Liaoning Province. Established in 1992, the company is engaged in the design, development, production and sale of passenger vehicles and commercial vehicles. Through strategic alliances and proprietary research, Brilliance China Automotive offers a diverse portfolio of sedans, multi-purpose vehicles (MPVs), light trucks and buses, catering to a wide range of customers in both private and commercial sectors.

A cornerstone of Brilliance China Automotive’s operations is its joint venture with BMW, formed in 2003.