Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Drops By 72.9%

BYD Company Limited (OTCMKTS:BYDDY) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 33,200 shares, a decrease of 72.9% from the January 15th total of 122,500 shares. Based on an average trading volume of 502,200 shares, the short-interest ratio is presently 0.1 days.

BYD Stock Performance

Shares of OTCMKTS:BYDDY traded up $3.48 during midday trading on Thursday, hitting $88.35. The company’s stock had a trading volume of 2,072,602 shares, compared to its average volume of 400,735. BYD has a fifty-two week low of $46.36 and a fifty-two week high of $92.12. The stock has a market capitalization of $131.55 billion, a price-to-earnings ratio of 27.27, a PEG ratio of 0.88 and a beta of 0.29. The stock’s 50 day simple moving average is $70.52 and its 200 day simple moving average is $67.40.

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.