China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Short Interest Update

by · The Markets Daily

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 198,000 shares, a decline of 72.1% from the September 30th total of 708,500 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is currently 44.0 days.

China MeiDong Auto Price Performance

Shares of OTCMKTS CMEIF remained flat at $0.30 during midday trading on Friday. China MeiDong Auto has a twelve month low of $0.21 and a twelve month high of $0.64. The firm has a 50-day moving average of $0.26 and a 200-day moving average of $0.30.

About China MeiDong Auto

(Get Free Report)

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.

Recommended Stories