Dowlais Group plc (OTCMKTS:DWLAF) Sees Large Increase in Short Interest

Dowlais Group plc (OTCMKTS:DWLAF) was the target of a large increase in short interest in July. As of July 15th, there was short interest totalling 6,200 shares, an increase of 6,100.0% from the June 30th total of 100 shares. Based on an average daily volume of 9,000 shares, the short-interest ratio is currently 0.7 days.

Dowlais Group Stock Performance

Shares of DWLAF remained flat at $0.84 during midday trading on Thursday. The stock had a trading volume of 9,322 shares, compared to its average volume of 50,022. Dowlais Group has a fifty-two week low of $0.00 and a fifty-two week high of $1.56. The firm has a 50 day moving average price of $0.89 and a 200 day moving average price of $1.03.

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.