BYD Company Limited (OTCMKTS:BYDDF) Sees Significant Decrease in Short Interest

BYD Company Limited (OTCMKTS:BYDDF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 608,300 shares, a drop of 49.1% from the December 31st total of 1,195,800 shares. Based on an average daily volume of 95,600 shares, the days-to-cover ratio is presently 6.4 days.

BYD Stock Performance

BYDDF opened at $35.08 on Wednesday. BYD has a 12 month low of $21.80 and a 12 month high of $42.00. The company has a fifty day simple moving average of $34.05 and a 200 day simple moving average of $33.08.

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.