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BYD Company Limited (OTCMKTS:BYDDY) Sees Significant Decline in Short Interest

BYD logo with Auto/Tires/Trucks background
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BYD Company Limited (OTCMKTS:BYDDY - Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 197,000 shares, a decrease of 28.2% from the February 28th total of 274,400 shares. Based on an average trading volume of 1,648,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

BYD Trading Down 1.1 %

BYDDY traded down $1.12 during trading hours on Thursday, hitting $97.60. The company's stock had a trading volume of 767,636 shares, compared to its average volume of 649,070. The stock has a market cap of $145.33 billion, a price-to-earnings ratio of 30.12, a P/E/G ratio of 0.82 and a beta of 0.33. The business's 50-day moving average price is $91.13 and its 200-day moving average price is $77.15. BYD has a 12 month low of $50.00 and a 12 month high of $109.20.

BYD (OTCMKTS:BYDDY - Get Free Report) last issued its quarterly earnings data on Monday, March 24th. The company reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.39 by $0.04. The business had revenue of $37.44 billion during the quarter, compared to analysts' expectations of $174.49 billion. BYD had a net margin of 4.86% and a return on equity of 22.72%. On average, analysts forecast that BYD will post 3.87 earnings per share for the current year.

About BYD

(Get Free Report)

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.

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