Mazda Motor Co. (OTCMKTS:MZDAF) Sees Large Drop in Short Interest

Mazda Motor Co. (OTCMKTS:MZDAF) was the target of a large decrease in short interest in August. As of August 15th, there was short interest totaling 5,534,000 shares, a decrease of 21.5% from the July 31st total of 7,051,900 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 5,030.9 days. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 5,030.9 days.

Mazda Motor Price Performance

OTCMKTS:MZDAF opened at $7.90 on Thursday. The stock has a 50-day simple moving average of $6.50 and a 200-day simple moving average of $6.35. Mazda Motor has a 1 year low of $5.50 and a 1 year high of $8.35.

About Mazda Motor

Mazda Motor Corporation engages in the manufacture and sale of passenger cars and commercial vehicles in Japan, China, North America, Europe, and internationally. The company was formerly known as Toyo Kogyo Co, Ltd. and changed its name to Mazda Motor Corporation in May 1984. Mazda Motor Corporation was incorporated in 1920 and is headquartered in Hiroshima, Japan.