Dowlais Group plc (OTCMKTS:DWLAF) Short Interest Update

Dowlais Group plc (OTCMKTS:DWLAF) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,300 shares, a decline of 69.8% from the January 15th total of 4,300 shares. Based on an average daily volume of 26,800 shares, the days-to-cover ratio is presently 0.0 days.

Dowlais Group Price Performance

Dowlais Group stock remained flat at $0.84 during midday trading on Wednesday. Dowlais Group has a 12-month low of $0.62 and a 12-month high of $1.14. The company’s 50 day moving average price is $0.80 and its 200-day moving average price is $0.77.

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.