Mazda Motor Co. (OTCMKTS:MZDAF) Sees Significant Decline in Short Interest

Mazda Motor Co. (OTCMKTS:MZDAF) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,850,595 shares, a drop of 47.6% from the April 30th total of 3,529,168 shares. Based on an average daily trading volume, of 1,654 shares, the days-to-cover ratio is currently 1,118.9 days.

Mazda Motor Stock Up 4.0%

Shares of OTCMKTS MZDAF traded up $0.27 during trading on Monday, hitting $6.95. The company had a trading volume of 1,225 shares, compared to its average volume of 696. The stock has a fifty day simple moving average of $6.57 and a two-hundred day simple moving average of $7.36. Mazda Motor has a fifty-two week low of $5.50 and a fifty-two week high of $9.35.

About Mazda Motor

Mazda Motor Corporation is a Japan-based automotive manufacturer engaged in the design, development, production and sale of passenger cars, sport utility vehicles and crossovers. The company also provides related after-sales services and parts, along with financial and leasing services through its subsidiary Mazda Financial Services. Mazda’s product lineup spans compact hatchbacks, sedans, and mid-size SUVs, with a growing focus on fuel-efficient internal combustion engines, SKYACTIV® technology, and a strategic move toward electrified powertrains.

Originally founded in Hiroshima in 1920 as Toyo Cork Kogyo Co, Ltd., Mazda entered automobile production in the early 1930s.