Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Declines By 52.3%

BYD Company Limited (OTCMKTS:BYDDY) was the target of a significant drop in short interest during the month of February. As of February 28th, there was short interest totalling 274,400 shares, a drop of 52.3% from the February 13th total of 575,000 shares. Based on an average trading volume of 1,384,700 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

BYD Stock Performance

BYD stock traded up $5.46 during midday trading on Friday, reaching $100.09. 794,610 shares of the company were exchanged, compared to its average volume of 554,155. The firm’s 50-day simple moving average is $81.64 and its 200-day simple moving average is $73.13. BYD has a 1 year low of $50.00 and a 1 year high of $103.38. The company has a market capitalization of $149.03 billion, a price-to-earnings ratio of 30.89, a P/E/G ratio of 0.82 and a beta of 0.33.

About BYD

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.