Short Interest in BYD Company Limited (OTCMKTS:BYDDF) Increases By 11.3%

BYD Company Limited (OTCMKTS:BYDDF) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 1,979,300 shares, a growth of 11.3% from the July 15th total of 1,778,900 shares. Based on an average daily trading volume, of 119,400 shares, the days-to-cover ratio is presently 16.6 days.

BYD Price Performance

OTCMKTS BYDDF opened at $28.60 on Friday. The stock’s 50-day moving average is $29.45 and its 200-day moving average is $27.30. BYD has a one year low of $21.80 and a one year high of $32.80. The firm has a market cap of $83.26 billion, a P/E ratio of 19.59 and a beta of 0.33.

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.