Short Interest in Dowlais Group plc (OTCMKTS:DWLAF) Drops By 97.6%

Dowlais Group plc (OTCMKTS:DWLAF) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 97.6% from the October 31st total of 4,100 shares. Based on an average daily volume of 4,900 shares, the days-to-cover ratio is presently 0.0 days.

Dowlais Group Stock Performance

Shares of OTCMKTS DWLAF remained flat at $0.69 during mid-day trading on Wednesday. The company has a 50-day simple moving average of $0.70 and a two-hundred day simple moving average of $0.80. Dowlais Group has a 52-week low of $0.62 and a 52-week high of $1.33.

About Dowlais Group

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.