China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Sees Significant Increase in Short Interest

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,072,000 shares, a growth of 502.2% from the February 28th total of 178,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

China MeiDong Auto Price Performance

CMEIF remained flat at $0.28 on Friday. China MeiDong Auto has a 12 month low of $0.21 and a 12 month high of $0.64. The company’s 50 day moving average is $0.29 and its 200 day moving average is $0.29.

China MeiDong Auto Company Profile

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.