Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Decreases By 42.8%

BYD Company Limited (OTCMKTS:BYDDY - Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 174,700 shares, a drop of 42.8% from the August 15th total of 305,400 shares. Based on an average daily volume of 393,600 shares, the days-to-cover ratio is currently 0.4 days.

BYD Trading Up 0.2 %

Shares of BYD stock traded up $0.10 during mid-day trading on Friday, reaching $61.28. 162,366 shares of the stock were exchanged, compared to its average volume of 352,310. The company has a market cap of $91.25 billion, a price-to-earnings ratio of 20.99, a price-to-earnings-growth ratio of 1.30 and a beta of 0.31. The firm has a 50-day simple moving average of $58.87 and a 200 day simple moving average of $56.35. BYD has a fifty-two week low of $43.62 and a fifty-two week high of $65.34.

BYD Company Profile

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.