BYD Company Limited (OTCMKTS:BYDDY) Sees Large Increase in Short Interest

BYD Company Limited (OTCMKTS:BYDDY - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 31st, there was short interest totalling 579,100 shares, an increase of 194.0% from the March 15th total of 197,000 shares. Based on an average trading volume of 1,999,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company's stock are sold short.

BYD Trading Down 0.9 %

OTCMKTS BYDDY traded down $0.87 during trading on Friday, reaching $91.87. The company's stock had a trading volume of 872,802 shares, compared to its average volume of 731,649. The business has a 50-day moving average price of $95.47 and a 200-day moving average price of $79.36. BYD has a 1-year low of $50.00 and a 1-year high of $109.20. The stock has a market capitalization of $136.79 billion, a PE ratio of 28.35, a PEG ratio of 0.82 and a beta of 0.17.

BYD (OTCMKTS:BYDDY - Get Free Report) last posted its earnings results on Monday, March 24th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.39 by $0.04. BYD had a net margin of 4.86% and a return on equity of 22.72%. The firm had revenue of $37.44 billion for the quarter, compared to the consensus estimate of $174.49 billion. As a group, analysts expect that BYD will post 3.87 earnings per share for the current year.

About BYD

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.