Short Interest in Geely Automobile Holdings Limited (OTCMKTS:GELYF) Declines By 5.3%

Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Rating) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 34,188,700 shares, a drop of 5.3% from the February 13th total of 36,096,500 shares. Based on an average trading volume of 89,100 shares, the short-interest ratio is currently 383.7 days.

Geely Automobile Stock Performance

Shares of OTCMKTS:GELYF opened at $1.18 on Friday. Geely Automobile has a 1-year low of $1.07 and a 1-year high of $2.45. The company has a 50 day moving average price of $1.46 and a 200 day moving average price of $1.46.

About Geely Automobile

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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 vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.