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

Geely Automobile Holdings Limited (OTCMKTS:GELYF) was the target of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 16,567,600 shares, a drop of 19.7% from the November 15th total of 20,625,300 shares. Based on an average daily trading volume, of 134,200 shares, the short-interest ratio is currently 123.5 days.

Geely Automobile Price Performance

Shares of OTCMKTS:GELYF traded down $0.06 during trading on Monday, hitting $1.91. 54,106 shares of the stock were exchanged, compared to its average volume of 72,383. Geely Automobile has a 1-year low of $0.91 and a 1-year high of $2.10. The company’s fifty day simple moving average is $1.78 and its 200-day simple moving average is $1.37.

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.