Short Interest in Great Wall Motor Company Limited (OTCMKTS:GWLLF) Expands By 2,425.0%

Great Wall Motor Company Limited (OTCMKTS:GWLLF) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 3,484,537 shares, a growth of 2,425.0% from the April 30th total of 138,000 shares. Based on an average daily trading volume, of 1,978 shares, the short-interest ratio is presently 1,761.6 days.

Great Wall Motor Trading Down 0.8%

GWLLF traded down $0.01 during mid-day trading on Friday, hitting $1.31. The stock had a trading volume of 1,000 shares, compared to its average volume of 3,437. The stock’s fifty day simple moving average is $1.57 and its 200-day simple moving average is $1.72. Great Wall Motor has a 1-year low of $1.31 and a 1-year high of $2.51.

Great Wall Motor Company Profile

Great Wall Motor Company Limited is a leading Chinese automotive manufacturer based in Baoding, Hebei Province. The company specializes in the design, development and production of sport-utility vehicles (SUVs), pickup trucks and electric vehicles. Its portfolio includes the Haval brand of SUVs, the WEY luxury SUV line, the Tank series of off-road vehicles and the ORA electric vehicle brand. Great Wall Motor’s vertical integration spans steel stamping, welding, painting and final assembly, allowing the company to maintain control over key production processes and quality standards.

Founded in 1984 as the Baoding Great Wall Foundry Factory, the company adopted the name Great Wall Motor in 1996 to reflect its automotive ambitions.