Geely Automobile Holdings Limited (OTCMKTS:GELYF) Sees Significant Drop in Short Interest

Geely Automobile Holdings Limited (OTCMKTS:GELYF) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 3,041,800 shares, a drop of 16.4% from the March 15th total of 3,637,600 shares. Based on an average trading volume of 74,400 shares, the short-interest ratio is currently 40.9 days.

Geely Automobile Price Performance

Shares of OTCMKTS GELYF opened at $2.02 on Wednesday. Geely Automobile has a 1-year low of $0.95 and a 1-year high of $2.45. The business’s 50 day moving average is $2.15 and its two-hundred day moving average is $1.94.

About Geely Automobile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.