Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) Short Interest Update

Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF – Get Free Report) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 600,030 shares, a growth of 132.8% from the May 14th total of 257,708 shares. Based on an average daily trading volume, of 5,013 shares, the days-to-cover ratio is currently 119.7 days.

Brilliance China Automotive Stock Performance

OTCMKTS:BCAUF opened at $0.34 on Friday. Brilliance China Automotive has a one year low of $0.32 and a one year high of $0.56. The business has a fifty day moving average price of $0.39 and a 200-day moving average price of $0.47.

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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.

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