BYD Company Limited (OTCMKTS:BYDDF) Sees Large Growth in Short Interest

BYD Company Limited (OTCMKTS:BYDDF) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 1,556,900 shares, a growth of 21.7% from the August 31st total of 1,279,300 shares. Based on an average trading volume of 65,300 shares, the short-interest ratio is presently 23.8 days.

BYD Stock Performance

BYDDF traded up $1.47 during midday trading on Monday, hitting $35.41. The company had a trading volume of 126,400 shares, compared to its average volume of 99,781. BYD has a twelve month low of $21.80 and a twelve month high of $36.00. The firm’s 50-day simple moving average is $29.71 and its 200-day simple moving average is $28.71. The company has a market capitalization of $103.09 billion, a PE ratio of 24.25 and a beta of 0.29.

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.