Geely Automobile Holdings Limited (OTCMKTS:GELYF) Sees Significant Drop in Short Interest

Geely Automobile Holdings Limited (OTCMKTS:GELYF) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 2,605,900 shares, a drop of 9.6% from the December 15th total of 2,881,300 shares. Based on an average daily trading volume, of 84,300 shares, the short-interest ratio is presently 30.9 days.

Geely Automobile Trading Up 0.8 %

GELYF traded up $0.01 on Friday, reaching $1.82. 316,031 shares of the company traded hands, compared to its average volume of 126,194. Geely Automobile has a one year low of $0.91 and a one year high of $2.10. The firm has a fifty day simple moving average of $1.84 and a two-hundred day simple moving average of $1.48.

Geely Automobile Company Profile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.