Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) Short Interest Update

Brilliance China Automotive Holdings Ltd (OTCMKTS:BCAUF) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 257,708 shares, a drop of 93.7% from the April 30th total of 4,105,271 shares. Based on an average trading volume of 2,000 shares, the short-interest ratio is presently 128.9 days.

Brilliance China Automotive Trading Up 5.8%

BCAUF traded up $0.02 on Wednesday, hitting $0.34. 12,000 shares of the company were exchanged, compared to its average volume of 4,531. Brilliance China Automotive has a twelve month low of $0.32 and a twelve month high of $0.56. The firm has a 50-day moving average price of $0.42 and a two-hundred day moving average price of $0.48.

Brilliance China Automotive Holdings Ltd. is a leading Chinese automotive manufacturer headquartered in Shenyang, Liaoning Province. Established in 1992, the company is engaged in the design, development, production and sale of passenger vehicles and commercial vehicles. Through strategic alliances and proprietary research, Brilliance China Automotive offers a diverse portfolio of sedans, multi-purpose vehicles (MPVs), light trucks and buses, catering to a wide range of customers in both private and commercial sectors.

A cornerstone of Brilliance China Automotive’s operations is its joint venture with BMW, formed in 2003.