Dowlais Group plc (OTCMKTS:DWLAF) Short Interest Update

Dowlais Group plc (OTCMKTS:DWLAF) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 2,800 shares, an increase of 100.0% from the March 15th total of 1,400 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 9.3 days.

Dowlais Group Stock Performance

Shares of DWLAF remained flat at $0.70 during mid-day trading on Friday. The business has a 50-day moving average price of $0.82 and a two-hundred day moving average price of $0.77. Dowlais Group has a one year low of $0.62 and a one year high of $1.05.

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.