Geely Automobile Holdings Limited (OTCMKTS:GELYY) Sees Significant Growth in Short Interest

by · The Markets Daily

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

Geely Automobile Stock Up 2.2 %

Shares of Geely Automobile stock traded up $0.75 during trading on Tuesday, hitting $35.50. 11,468 shares of the stock traded hands, compared to its average volume of 11,259. The company has a fifty day moving average price of $36.99 and a two-hundred day moving average price of $29.38. Geely Automobile has a twelve month low of $18.48 and a twelve month high of $41.93.

Analyst Upgrades and Downgrades

Separately, Macquarie raised shares of Geely Automobile from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 14th.

View Our Latest Research Report on GELYY

Geely Automobile Company Profile

(Get Free Report)

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.

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