China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Short Interest Down 16.4% in June

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 654,000 shares, a drop of 16.4% from the May 31st total of 782,200 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

China MeiDong Auto Price Performance

Shares of OTCMKTS CMEIF opened at $0.25 on Tuesday. China MeiDong Auto has a twelve month low of $0.25 and a twelve month high of $0.64. The business has a fifty day simple moving average of $0.34 and a two-hundred day simple moving average of $0.40.

China MeiDong Auto Company Profile

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.