Great Wall Motor Company Limited (OTCMKTS:GWLLF – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 8,015,608 shares, an increase of 363.3% from the August 15th total of 1,729,988 shares. Based on an average trading volume of 2,367 shares, the days-to-cover ratio is presently 3,386.4 days.
Great Wall Motor Price Performance
Shares of OTCMKTS GWLLF remained flat at $0.94 during midday trading on Friday. Great Wall Motor has a 12 month low of $0.94 and a 12 month high of $2.22. The company’s 50-day moving average is $1.07 and its 200-day moving average is $1.35.
Great Wall Motor Company Profile
Great Wall Motor Company Limited is a leading Chinese automotive manufacturer based in Baoding, Hebei Province. The company specializes in the design, development and production of sport-utility vehicles (SUVs), pickup trucks and electric vehicles. Its portfolio includes the Haval brand of SUVs, the WEY luxury SUV line, the Tank series of off-road vehicles and the ORA electric vehicle brand. Great Wall Motor’s vertical integration spans steel stamping, welding, painting and final assembly, allowing the company to maintain control over key production processes and quality standards.
Founded in 1984 as the Baoding Great Wall Foundry Factory, the company adopted the name Great Wall Motor in 1996 to reflect its automotive ambitions.
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