Short Interest in BYD Company Limited (OTCMKTS:BYDDF) Drops By 48.2%

BYD Company Limited (OTCMKTS:BYDDF) was the recipient of a large drop in short interest in December. As of December 15th, there was short interest totalling 1,195,800 shares, a drop of 48.2% from the November 30th total of 2,307,300 shares. Based on an average daily trading volume, of 120,700 shares, the short-interest ratio is currently 9.9 days.

BYD Stock Performance

BYD stock traded down $0.39 during trading on Friday, reaching $35.00. The company had a trading volume of 29,866 shares, compared to its average volume of 91,492. The firm’s 50-day simple moving average is $35.07 and its 200 day simple moving average is $32.46. The firm has a market capitalization of $101.89 billion, a PE ratio of 21.60 and a beta of 0.27. BYD has a 1-year low of $21.80 and a 1-year high of $42.00.

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.