Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) Short Interest Down 64.1% in April

Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 4,105,271 shares, a decrease of 64.1% from the April 15th total of 11,420,329 shares. Based on an average trading volume of 986 shares, the short-interest ratio is currently 4,163.6 days.

Brilliance China Automotive Price Performance

Shares of OTCMKTS BCAUF opened at $0.36 on Friday. Brilliance China Automotive has a 52 week low of $0.34 and a 52 week high of $0.56. The company’s 50-day moving average price is $0.44 and its 200 day moving average price is $0.48.

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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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