BAIC Motor Co. Limited (OTCMKTS:BCCMY) Stock Short Interest Jumps 20,000.0%

BAIC Motor Co. Limited (OTCMKTS:BCCMY – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 201 shares, a growth of 20,000.0% from the August 31st total of 1 shares. Based on an average daily volume of 537 shares, the short-interest ratio is currently 0.4 days.

BAIC Motor Stock Performance

Shares of BAIC Motor stock remained flat at $0.92 during trading on Thursday. The business’s 50-day simple moving average is $1.06 and its 200 day simple moving average is $1.42. BAIC Motor has a 12-month low of $0.88 and a 12-month high of $2.50.

About BAIC Motor

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BAIC Motor Corporation Limited is a Beijing-based automotive manufacturer focused primarily on the development, production, marketing and sale of passenger vehicles and related automotive components. Its activities include vehicle manufacturing, sales, after-sales service and other services supporting its automotive business.

The company operates through its own passenger-vehicle business under the Beijing brand and through major joint ventures. Beijing Benz Automotive, its partnership with Mercedes-Benz Group, manufactures and sells Mercedes-Benz passenger vehicles in China.

Further Reading

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