Short Interest in China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Declines By 99.7%

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 2,000 shares, a decline of 99.7% from the August 15th total of 672,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

China MeiDong Auto Stock Performance

CMEIF stock opened at $0.25 on Friday. China MeiDong Auto has a 1-year low of $0.25 and a 1-year high of $0.32. The business has a 50 day simple moving average of $0.28 and a two-hundred day simple moving average of $0.30.

About China MeiDong Auto

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.