Geely Automobile Holdings Limited (OTCMKTS:GELYF) Short Interest Update

Geely Automobile Holdings Limited (OTCMKTS:GELYF) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 518,053 shares, a decrease of 46.5% from the July 30th total of 968,796 shares. Based on an average trading volume of 59,722 shares, the short-interest ratio is presently 8.7 days.

Geely Automobile Stock Up 1.1%

OTCMKTS GELYF opened at $2.35 on Tuesday. Geely Automobile has a 1-year low of $1.92 and a 1-year high of $3.30. The company has a 50 day moving average of $2.37 and a 200-day moving average of $2.49.

Geely Automobile Company Profile

Geely Automobile Holdings Limited is a China-based automotive manufacturer and a subsidiary of Zhejiang Geely Holding Group. Established in 1997 by entrepreneur Li Shufu, the company has grown from a regional car assembler into one of China’s leading privately owned passenger vehicle producers. Geely Auto made its public debut on the Hong Kong Stock Exchange in 2005 and trades over-the-counter in the U.S. under the symbol GELYF.

Geely’s core business centers on the design, development, manufacturing and sale of a broad range of passenger cars.