Short Interest in Dowlais Group plc (OTCMKTS:DWLAF) Decreases By 76.7%

Dowlais Group plc (OTCMKTS:DWLAF) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,400 shares, a drop of 76.7% from the February 13th total of 6,000 shares. Based on an average trading volume of 735,700 shares, the days-to-cover ratio is presently 0.0 days.

Dowlais Group Stock Performance

OTCMKTS DWLAF opened at $0.90 on Thursday. The company’s 50 day simple moving average is $0.86 and its two-hundred day simple moving average is $0.78. Dowlais Group has a 1 year low of $0.62 and a 1 year 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.