Geely Automobile Holdings Limited (OTCMKTS:GELYF) Sees Significant Decline in Short Interest

Geely Automobile Holdings Limited (OTCMKTS:GELYF) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 2,605,900 shares, a decrease of 9.6% from the December 15th total of 2,881,300 shares. Based on an average daily volume of 84,300 shares, the short-interest ratio is presently 30.9 days.

Geely Automobile Stock Up 0.8 %

GELYF traded up $0.01 during trading on Friday, reaching $1.82. The company had a trading volume of 316,031 shares, compared to its average volume of 126,194. The business has a 50 day simple moving average of $1.84 and a 200-day simple moving average of $1.48. Geely Automobile has a 52 week low of $0.91 and a 52 week high of $2.10.

About Geely Automobile

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.