Short Interest in Dowlais Group plc (OTCMKTS:DWLAF) Rises By 4,000.0%

Dowlais Group plc (OTCMKTS:DWLAF) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 4,100 shares, a growth of 4,000.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 78,700 shares, the short-interest ratio is presently 0.1 days.

Dowlais Group Stock Performance

DWLAF stock opened at $0.65 on Thursday. The business’s fifty day moving average price is $0.73 and its two-hundred day moving average price is $0.83. Dowlais Group has a fifty-two week low of $0.62 and a fifty-two week high of $1.38.

Dowlais Group Company Profile

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.