BYD Company Limited (OTCMKTS:BYDDF) Sees Large Increase in Short Interest

BYD Company Limited (OTCMKTS:BYDDF) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,392,400 shares, an increase of 130.2% from the December 31st total of 604,800 shares. Based on an average trading volume of 137,400 shares, the days-to-cover ratio is currently 10.1 days.

BYD Price Performance

BYDDF traded up $0.69 during trading on Thursday, reaching $35.94. 70,635 shares of the company’s stock were exchanged, compared to its average volume of 67,870. The company’s fifty day moving average price is $34.12 and its 200-day moving average price is $33.11. BYD has a fifty-two week low of $21.80 and a fifty-two week high of $42.00.

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.