BAIC Motor Co. Limited (OTCMKTS:BCCMY) Short Interest Up 349.8% in May

BAIC Motor Co. Limited (OTCMKTS:BCCMY) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 5,820 shares, a growth of 349.8% from the May 14th total of 1,294 shares. Based on an average trading volume of 2,578 shares, the days-to-cover ratio is currently 2.3 days.

BAIC Motor Price Performance

BCCMY stock remained flat at $1.55 during midday trading on Friday. BAIC Motor has a one year low of $1.46 and a one year high of $2.50. The business has a 50 day moving average of $1.70 and a two-hundred day moving average of $2.11.

BAIC Motor Company Profile

BAIC Motor Corporation Limited is a Chinese automotive manufacturer headquartered in Beijing. A subsidiary of Beijing Automotive Industry Holding Co, Ltd., the company focuses on the research, development, production and sales of passenger vehicles and automotive components.

BAIC Motor’s product portfolio includes sedans, SUVs and new energy vehicles (NEVs) marketed under its proprietary brands such as Beijing (formerly Senova) and Arcfox, the latter dedicated to premium electric models.