Great Wall Motor Company Limited (OTCMKTS:GWLLF – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 6,164,161 shares, a growth of 76.9% from the May 14th total of 3,484,537 shares. Based on an average daily volume of 744 shares, the days-to-cover ratio is currently 8,285.2 days.
Great Wall Motor Price Performance
OTCMKTS:GWLLF traded down $0.01 on Monday, reaching $1.29. 3,990 shares of the company’s stock were exchanged, compared to its average volume of 3,378. Great Wall Motor has a 52 week low of $1.29 and a 52 week high of $2.51. The stock has a fifty day simple moving average of $1.52 and a 200-day simple moving average of $1.66.
About Great Wall Motor
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.
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