Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) was the target of a large drop in short interest in September. As of September 15th, there was short interest totaling 778,954 shares, a drop of 56.6% from the August 31st total of 1,793,134 shares. Based on an average daily trading volume, of 164,656 shares, the short-interest ratio is presently 4.7 days.
Geely Automobile Price Performance
OTCMKTS:GELYF opened at $1.92 on Wednesday. Geely Automobile has a 52 week low of $1.82 and a 52 week high of $3.30. The firm has a 50 day moving average of $2.28 and a 200 day moving average of $2.49.
About Geely Automobile
Geely Automobile Holdings Limited is a Chinese automotive company headquartered in Hangzhou, Zhejiang. The company develops, manufactures and sells passenger vehicles, including gasoline-powered, hybrid and battery-electric models. Its operations also include vehicle-related components, powertrains and technologies.
Geely Automobile’s principal brands include Geely Auto, Lynk & Co and Zeekr, which serve different segments of the passenger-vehicle market. The company has expanded its electric-vehicle portfolio and invests in vehicle platforms, batteries, intelligent driving systems and connected-car technologies.
The company traces its origins to the Geely Group, founded by Li Shufu in 1986, and began automobile production in the late 1990s.
Recommended Stories
- Five stocks we like better than Geely Automobile
- Oura’s IPO Freeze Isn’t the Warning Sign It Looks Like
- Bitcoin Is Bouncing Back—Here are 2 Ways to Play the Rebound
- The Bull Case for Amprius Technologies Just Got Stronger
- CarMax Just Gave Investors a Better Reason to Believe in the Turnaround
Receive News & Ratings for Geely Automobile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geely Automobile and related companies with MarketBeat.com's FREE daily email newsletter.
