Geely Automobile Holdings Limited (OTCMKTS:GELYF) Sees Significant Growth in Short Interest

Geely Automobile Holdings Limited (OTCMKTS:GELYF) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 5,363,600 shares, an increase of 25.3% from the March 31st total of 4,281,500 shares. Based on an average daily trading volume, of 168,700 shares, the short-interest ratio is presently 31.8 days.

Geely Automobile Stock Up 0.8 %

OTCMKTS:GELYF traded up $0.01 during trading hours on Tuesday, hitting $1.22. 28,224 shares of the company’s stock traded hands, compared to its average volume of 83,986. The stock’s fifty day moving average price is $1.14 and its two-hundred day moving average price is $1.10. Geely Automobile has a twelve month low of $0.91 and a twelve month high of $1.49.

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.