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

Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 15,600 shares, an increase of 321.6% from the December 31st total of 3,700 shares. Based on an average daily volume of 24,100 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analyst Weigh In

Separately, Macquarie upgraded Geely Automobile from a "hold" rating to a "strong-buy" rating in a research report on Thursday, November 14th.

Geely Automobile Stock Down 0.5 %

GELYY traded down $0.20 during midday trading on Friday, reaching $36.82. 10,262 shares of the company's stock were exchanged, compared to its average volume of 12,058. Geely Automobile has a 1-year low of $18.48 and a 1-year high of $41.93. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 1.05. The business's 50-day moving average price is $37.27 and its 200 day moving average price is $30.71.

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.