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

BYD Company Limited (OTCMKTS:BYDDF) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 2,051,400 shares, an increase of 76.4% from the September 30th total of 1,162,900 shares. Based on an average trading volume of 219,300 shares, the days-to-cover ratio is presently 9.4 days.

BYD Stock Up 2.5 %

BYDDF stock traded up $0.93 during mid-day trading on Friday, reaching $37.58. 106,489 shares of the company traded hands, compared to its average volume of 98,709. The firm’s 50 day moving average price is $33.16 and its 200 day moving average price is $30.20. The stock has a market cap of $109.40 billion, a price-to-earnings ratio of 25.74 and a beta of 0.30. BYD has a fifty-two week low of $21.80 and a fifty-two week high of $42.00.

BYD (OTCMKTS:BYDDF) last announced its earnings results on Wednesday, August 28th. The company reported $0.43 earnings per share (EPS) for the quarter. The company had revenue of $24.33 billion for the quarter.

BYD Company Profile

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.