China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF – Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 7,000 shares, an increase of 250.0% from the December 15th total of 2,000 shares. Based on an average daily trading volume, of 909 shares, the days-to-cover ratio is currently 7.7 days. Based on an average daily trading volume, of 909 shares, the days-to-cover ratio is currently 7.7 days.
China MeiDong Auto Stock Performance
China MeiDong Auto stock opened at $0.16 on Tuesday. The stock has a 50-day moving average of $0.22 and a two-hundred day moving average of $0.25. China MeiDong Auto has a one year low of $0.16 and a one year high of $0.25.
China MeiDong Auto Company Profile
China MeiDong Auto (OTCMKTS:CMEIF) is a China-based company engaged primarily in the distribution and sale of new and used passenger vehicles. The company operates through a network of dealerships and showrooms, offering a range of popular domestic and imported automobile brands. In addition to vehicle sales, China MeiDong Auto provides after-sales services, including maintenance, repair, and genuine parts distribution, catering to the full life-cycle needs of its customers.
Beyond its core dealership operations, China MeiDong Auto has expanded into complementary automotive services.
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