Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Short Interest Update

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUFGet Rating) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totalling 1,381,600 shares, an increase of 40.8% from the April 30th total of 981,500 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 511.7 days.

Separately, JPMorgan Chase & Co. upgraded Guangzhou Automobile Group from a “neutral” rating to an “overweight” rating in a report on Friday, April 29th.

Shares of OTCMKTS:GNZUF opened at $0.92 on Monday. Guangzhou Automobile Group has a 52-week low of $0.71 and a 52-week high of $1.18. The business’s 50 day simple moving average is $0.83 and its two-hundred day simple moving average is $0.93.

Guangzhou Automobile Group Company Profile (Get Rating)

Guangzhou Automobile Group Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others.

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