Short Interest in China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Declines By 5.3%

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 178,000 shares, a drop of 5.3% from the November 15th total of 188,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

China MeiDong Auto Stock Performance

China MeiDong Auto stock opened at $0.30 on Thursday. China MeiDong Auto has a 52-week low of $0.21 and a 52-week high of $0.64. The stock’s 50 day moving average price is $0.30 and its two-hundred day moving average price is $0.29.

China MeiDong Auto Company Profile

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.