Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Drops By 72.9%

BYD Company Limited (OTCMKTS:BYDDY) saw a large drop in short interest in January. As of January 31st, there was short interest totalling 33,200 shares, a drop of 72.9% from the January 15th total of 122,500 shares. Based on an average daily volume of 502,200 shares, the days-to-cover ratio is presently 0.1 days.

BYD Price Performance

Shares of BYDDY traded up $3.48 on Thursday, reaching $88.35. 2,072,602 shares of the stock traded hands, compared to its average volume of 400,735. The stock’s 50-day moving average price is $70.52 and its 200-day moving average price is $67.40. The firm has a market cap of $131.55 billion, a price-to-earnings ratio of 27.27, a P/E/G ratio of 0.88 and a beta of 0.29. BYD has a 12 month low of $46.36 and a 12 month high of $92.12.

About BYD

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.