BYD Company Limited (OTCMKTS:BYDDY – Get Free Report) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 157,600 shares, an increase of 11.2% from the May 15th total of 141,700 shares. Based on an average daily trading volume, of 523,600 shares, the short-interest ratio is presently 0.3 days.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. Macquarie assumed coverage on shares of BYD in a research report on Monday, April 15th. They set an “outperform” rating on the stock. Nomura assumed coverage on shares of BYD in a research note on Wednesday, February 28th. They set a “buy” rating for the company.
Check Out Our Latest Research Report on BYDDY
BYD Trading Down 0.8 %
BYD (OTCMKTS:BYDDY – Get Free Report) last posted its earnings results on Monday, April 29th. The company reported $0.44 earnings per share for the quarter. BYD had a return on equity of 21.49% and a net margin of 4.89%. The firm had revenue of $17.45 billion for the quarter. Equities research analysts predict that BYD will post 3.02 EPS for the current year.
BYD Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, August 21st. Investors of record on Wednesday, June 12th will be paid a dividend of $0.7221 per share. This is a boost from BYD’s previous dividend of $0.26. The ex-dividend date of this dividend is Wednesday, June 12th.
BYD Company Profile
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.
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