Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Sees Large Drop in Short Interest

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 87,566,900 shares, a drop of 14.5% from the September 30th total of 102,457,200 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 19,036.3 days.

Guangzhou Automobile Group Price Performance

OTCMKTS GNZUF opened at $0.37 on Thursday. Guangzhou Automobile Group has a 12 month low of $0.27 and a 12 month high of $0.50. The stock’s 50 day moving average is $0.34 and its 200 day moving average is $0.37.

Guangzhou Automobile Group Company Profile

Guangzhou Automobile Group Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others.