Short Interest in China Yongda Automobiles Services Holdings Limited (OTCMKTS:CYYHF) Drops By 98.3%

China Yongda Automobiles Services Holdings Limited (OTCMKTS:CYYHFGet Rating) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 9,000 shares, a decline of 98.3% from the March 15th total of 530,000 shares. Based on an average daily volume of 61,600 shares, the short-interest ratio is presently 0.1 days.

CYYHF traded down $0.01 during midday trading on Tuesday, hitting $1.02. The company had a trading volume of 1,010 shares, compared to its average volume of 44,932. China Yongda Automobiles Services has a 52 week low of $0.83 and a 52 week high of $2.09. The stock’s 50 day moving average price is $1.13 and its 200 day moving average price is $1.31.

About China Yongda Automobiles Services (Get Rating)

China Yongda Automobiles Services Holdings Limited, an investment holding company, operates as a passenger vehicle retailer and service provider. The company focuses on luxury and ultra-luxury brands. It offers repair and maintenance services; automobile extended products and services, including spare parts and accessories, automobile decoration products, automobile care services, agency services of vehicle title registration, and vehicle inspection services; and agency services for automobile finance and insurance products.

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