BYD Company Limited (OTCMKTS:BYDDY) Sees Large Growth in Short Interest

BYD Company Limited (OTCMKTS:BYDDY) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 81,900 shares, a growth of 35.1% from the March 15th total of 60,600 shares. Based on an average daily volume of 738,200 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Nomura began coverage on BYD in a research report on Wednesday, February 28th. They issued a “buy” rating for the company.

BYD Stock Performance

BYDDY opened at $52.58 on Friday. The company has a market capitalization of $78.29 billion, a price-to-earnings ratio of 18.85 and a beta of 0.45. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.66 and a quick ratio of 0.44. BYD has a 1-year low of $43.62 and a 1-year high of $71.70. The business has a 50 day moving average price of $50.36 and a two-hundred day moving average price of $54.51.

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.