Great Wall Motor Company Limited (OTCMKTS:GWLLF) Short Interest Down 59.0% in December
by Doug Wharley · The Cerbat GemGreat Wall Motor Company Limited (OTCMKTS:GWLLF – Get Free Report) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 1,747,772 shares, a drop of 59.0% from the November 30th total of 4,259,480 shares. Based on an average trading volume of 476 shares, the short-interest ratio is presently 3,671.8 days. Based on an average trading volume of 476 shares, the short-interest ratio is presently 3,671.8 days.
Great Wall Motor Trading Up 2.8%
GWLLF stock opened at $1.85 on Friday. The company has a fifty day moving average price of $1.96 and a 200 day moving average price of $1.94. Great Wall Motor has a 12 month low of $1.38 and a 12 month high of $2.51.
About Great Wall Motor
Great Wall Motor Company Limited is a leading Chinese automotive manufacturer based in Baoding, Hebei Province. The company specializes in the design, development and production of sport-utility vehicles (SUVs), pickup trucks and electric vehicles. Its portfolio includes the Haval brand of SUVs, the WEY luxury SUV line, the Tank series of off-road vehicles and the ORA electric vehicle brand. Great Wall Motor’s vertical integration spans steel stamping, welding, painting and final assembly, allowing the company to maintain control over key production processes and quality standards.
Founded in 1984 as the Baoding Great Wall Foundry Factory, the company adopted the name Great Wall Motor in 1996 to reflect its automotive ambitions.