Short Interest in Hyundai Motor (OTCMKTS:HYMTF) Decreases By 59.6%

Hyundai Motor (OTCMKTS:HYMTFGet Rating) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totalling 21,600 shares, a drop of 59.6% from the April 15th total of 53,500 shares. Based on an average daily trading volume, of 5,100 shares, the short-interest ratio is currently 4.2 days.

OTCMKTS:HYMTF traded up $0.69 on Friday, hitting $36.29. The stock had a trading volume of 1,388 shares, compared to its average volume of 5,492. Hyundai Motor has a 1 year low of $33.55 and a 1 year high of $52.64. The firm’s fifty day simple moving average is $35.77 and its two-hundred day simple moving average is $38.76.

About Hyundai Motor (Get Rating)

Hyundai Motor Company, together with its subsidiaries, manufactures and distributes motor vehicles and parts worldwide. It operates through Vehicle, Finance, and Others segments. The company offers cars under the Azera, Sonata, Veloster, Veloster N, i30 Fastback N, The new i30, i30 N, The all-new Elantra, Accent, i20 N, i20, The all-new Elantra N, and i10 names; and SUVs under the Palisade, Santa Fe, The all-new Tucson, Creta, The new Kona, KONA N, and Venue names.

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