BYD Company Limited (OTCMKTS:BYDDF) Short Interest Down 58.1% in March

BYD Company Limited (OTCMKTS:BYDDF) was the recipient of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,879,700 shares, a drop of 58.1% from the February 29th total of 4,484,400 shares. Based on an average daily volume of 293,000 shares, the days-to-cover ratio is currently 6.4 days.

BYD Price Performance

Shares of BYDDF traded down $0.52 during trading on Friday, reaching $25.31. 103,511 shares of the company traded hands, compared to its average volume of 136,547. The stock has a 50-day simple moving average of $24.79 and a 200-day simple moving average of $27.67. BYD has a twelve month low of $21.80 and a twelve month high of $36.27.

BYD Company Profile

BYD Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and sale of automobiles and related products in the People's Republic of China and internationally. The company operates through three segments: The Secondary Rechargeable Batteries and Photovoltaic; Mobile Phone Components, Assembly, and Other Products; and Automobiles, Automobile-Related Products and Other Products.