Short Interest in Geely Automobile Holdings Limited (OTCMKTS:GELYF) Declines By 16.4%

Geely Automobile Holdings Limited (OTCMKTS:GELYF) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 3,041,800 shares, a drop of 16.4% from the March 15th total of 3,637,600 shares. Based on an average daily trading volume, of 74,400 shares, the days-to-cover ratio is currently 40.9 days.

Geely Automobile Price Performance

OTCMKTS GELYF traded down $0.03 during midday trading on Monday, hitting $1.98. The company had a trading volume of 18,639 shares, compared to its average volume of 65,300. Geely Automobile has a twelve month low of $0.95 and a twelve month high of $2.45. The firm has a 50-day moving average price of $2.15 and a 200-day moving average price of $1.94.

About Geely Automobile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.