Short Interest in Great Wall Motor Company Limited (OTCMKTS:GWLLY) Declines By 66.5%

Great Wall Motor Company Limited (OTCMKTS:GWLLY) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 269 shares, a decline of 66.5% from the March 15th total of 804 shares. Based on an average daily trading volume, of 527 shares, the days-to-cover ratio is presently 0.5 days.

Great Wall Motor Stock Performance

Shares of OTCMKTS:GWLLY opened at $16.95 on Friday. Great Wall Motor has a twelve month low of $13.87 and a twelve month high of $26.12. The firm has a 50 day simple moving average of $16.61 and a 200-day simple moving average of $18.49.

About Great Wall Motor

Great Wall Motor Co, Ltd. is a Chinese automotive manufacturer headquartered in Baoding, Hebei Province. Founded in 1984, the company has evolved from a regional vehicle assembler into one of China’s largest producers of sport utility vehicles (SUVs) and pickup trucks. Over the decades, Great Wall Motor has invested in research and development to broaden its product portfolio and enhance its manufacturing capabilities.

The company’s principal business activities include the design, development and production of passenger vehicles, commercial vehicles and new energy vehicles.