Great Wall Motor Company Limited (OTCMKTS:GWLLF) Short Interest Up 2,425.0% in May

Great Wall Motor Company Limited (OTCMKTS:GWLLF) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 3,484,537 shares, a growth of 2,425.0% from the April 30th total of 138,000 shares. Based on an average daily volume of 1,978 shares, the days-to-cover ratio is currently 1,761.6 days.

Great Wall Motor Stock Performance

Great Wall Motor stock remained flat at $1.32 during trading hours on Wednesday. 2,000 shares of the company’s stock were exchanged, compared to its average volume of 3,524. The stock has a 50 day moving average of $1.59 and a 200 day moving average of $1.73. Great Wall Motor has a fifty-two week low of $1.32 and a fifty-two week high of $2.51.

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.