Short Interest in Geely Automobile Holdings Limited (OTCMKTS:GELYF) Rises By 21.9%

Geely Automobile Holdings Limited (OTCMKTS:GELYF) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 3,637,600 shares, an increase of 21.9% from the February 28th total of 2,983,400 shares. Based on an average trading volume of 100,700 shares, the days-to-cover ratio is presently 36.1 days.

Geely Automobile Price Performance

Shares of GELYF stock traded down $0.02 during trading hours on Wednesday, hitting $2.14. 38,361 shares of the company’s stock traded hands, compared to its average volume of 66,419. The stock’s fifty day simple moving average is $2.15 and its two-hundred day simple moving average is $1.89. Geely Automobile has a 12-month low of $0.95 and a 12-month high of $2.45.

About Geely Automobile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.