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

BYD Company Limited (OTCMKTS:BYDDYGet Free Report) was the target of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 141,700 shares, a decrease of 8.0% from the April 30th total of 154,100 shares. Based on an average daily trading volume, of 637,100 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

BYDDY has been the topic of a number of research analyst reports. Macquarie assumed coverage on BYD in a research note on Monday, April 15th. They issued an “outperform” rating on the stock. Nomura assumed coverage on shares of BYD in a report on Wednesday, February 28th. They set a “buy” rating on the stock.

Get Our Latest Analysis on BYD

BYD Price Performance

Shares of OTCMKTS:BYDDY opened at $56.11 on Monday. The firm has a fifty day moving average price of $54.08 and a two-hundred day moving average price of $52.73. 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 one year low of $43.62 and a one year high of $71.70.

BYD (OTCMKTS:BYDDYGet Free Report) last announced its earnings results on Monday, April 29th. The company reported $0.44 earnings per share for the quarter. The business had revenue of $17.45 billion for the quarter. BYD had a return on equity of 21.49% and a net margin of 4.89%. As a group, equities analysts anticipate that BYD will post 3.02 EPS for the current year.

BYD Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, August 21st. Stockholders of record on Wednesday, June 12th will be issued a dividend of $0.7221 per share. This is an increase from BYD’s previous dividend of $0.26. The ex-dividend date is Wednesday, June 12th.

BYD Company Profile

(Get Free Report)

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.

Further Reading

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