BYD Company Limited (OTCMKTS:BYDDY) Short Interest Down 28.2% in March

BYD Company Limited (OTCMKTS:BYDDY) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 197,000 shares, a drop of 28.2% from the February 28th total of 274,400 shares. Based on an average daily volume of 1,648,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

BYD Trading Down 2.6 %

Shares of BYDDY opened at $101.33 on Tuesday. BYD has a 1-year low of $50.00 and a 1-year high of $109.20. The stock has a market capitalization of $150.88 billion, a P/E ratio of 31.27, a P/E/G ratio of 0.82 and a beta of 0.33. The business’s 50-day moving average price is $90.03 and its 200 day moving average price is $76.74.

BYD (OTCMKTS:BYDDY) last issued its quarterly earnings results on Monday, March 24th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.39 by $0.04. BYD had a net margin of 4.86% and a return on equity of 22.72%. The business had revenue of $37.44 billion during the quarter, compared to the consensus estimate of $174.49 billion. On average, research analysts predict that BYD will post 3.87 earnings per share for the current year.

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.