Byd Co., Ltd. (OTCMKTS:BYDDY) Short Interest Update

Byd Co., Ltd. (OTCMKTS:BYDDY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,924,300 shares, a growth of 79.9% from the August 31st total of 1,625,800 shares. Based on an average daily volume of 6,201,800 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 6,201,800 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Jefferies Financial Group downgraded BYD from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 1st. Erste Group Bank downgraded BYD from a “buy” rating to a “hold” rating in a research report on Friday, September 5th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

BYD Price Performance

BYDDY opened at $13.90 on Monday. BYD has a 52-week low of $10.58 and a 52-week high of $20.05. The stock has a market cap of $124.18 billion, a P/E ratio of 19.53, a PEG ratio of 3.14 and a beta of 0.21. The business has a fifty day moving average of $17.46 and a 200 day moving average of $70.59. The company has a quick ratio of 0.51, a current ratio of 0.81 and a debt-to-equity ratio of 0.06.

BYD Company Profile

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.