Dowlais Group plc (OTCMKTS:DWLAF) Short Interest Update

Dowlais Group plc (OTCMKTS:DWLAF) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,300 shares, an increase of 230.8% from the December 31st total of 1,300 shares. Based on an average trading volume of 66,400 shares, the short-interest ratio is presently 0.1 days.

Dowlais Group Price Performance

Shares of DWLAF traded down $0.03 during midday trading on Tuesday, reaching $0.81. 1,870 shares of the stock were exchanged, compared to its average volume of 1,635. The company’s 50 day moving average is $0.76 and its two-hundred day moving average is $0.77. Dowlais Group has a 52 week low of $0.62 and a 52 week high of $1.14.

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.