Dowlais Group plc (OTCMKTS:DWLAF) Short Interest Up 6.3% in August

Dowlais Group plc (OTCMKTS:DWLAF) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 1,700 shares, a growth of 6.3% from the August 15th total of 1,600 shares. Based on an average trading volume of 5,300 shares, the days-to-cover ratio is currently 0.3 days.

Dowlais Group Stock Performance

DWLAF remained flat at $0.82 during midday trading on Tuesday. 3,500 shares of the company’s stock were exchanged, compared to its average volume of 47,617. The company’s fifty day moving average price is $0.82 and its 200-day moving average price is $0.93. Dowlais Group has a one year low of $0.74 and a one year high of $1.50.

Dowlais Group Company Profile

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.