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

BYD Company Limited (OTCMKTS:BYDDF) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 1,078,500 shares, a drop of 22.5% from the January 15th total of 1,392,400 shares. Based on an average daily volume of 127,500 shares, the days-to-cover ratio is presently 8.5 days.

BYD Stock Performance

OTCMKTS BYDDF opened at $46.67 on Monday. The stock’s 50 day moving average is $35.74 and its 200 day moving average is $33.96. BYD has a twelve month low of $23.12 and a twelve month high of $49.19.

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.