BYD Company Limited (OTCMKTS:BYDDF) Short Interest Down 13.1% in August

BYD Company Limited (OTCMKTS:BYDDF) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 1,279,300 shares, a drop of 13.1% from the August 15th total of 1,472,700 shares. Based on an average trading volume of 86,200 shares, the days-to-cover ratio is presently 14.8 days.

BYD Stock Up 1.1 %

Shares of OTCMKTS BYDDF traded up $0.34 during midday trading on Wednesday, reaching $31.00. 26,671 shares of the company’s stock traded hands, compared to its average volume of 100,832. The stock’s 50 day simple moving average is $29.45 and its 200-day simple moving average is $28.29. BYD has a one year low of $21.80 and a one year high of $32.76. The company has a market cap of $90.25 billion, a price-to-earnings ratio of 21.00 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.