Short Interest in BYD Company Limited (OTCMKTS:BYDDF) Decreases By 36.7%

BYD Company Limited (OTCMKTS:BYDDF) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 4,587,120 shares, a decline of 36.7% from the June 30th total of 7,250,533 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 490,122 shares, the days-to-cover ratio is currently 9.4 days.

Key Headlines Impacting BYD

Here are the key news stories impacting BYD this week:

• Positive Sentiment: BYD revealed the new Qin Max EV ahead of its planned August launch, giving investors another upcoming model that could support deliveries and competition in China’s electric-vehicle market. BYD reveals images of the new Qin Max EV ahead of its launch next month
• Positive Sentiment: BYD opened UK orders for the seven-seat Ti 7, priced from £47,995, expanding the company’s presence in the higher-value family SUV segment. BYD opens UK orders for £47,995 seven-seat Ti 7 BYD confirms UK pricing and specification for seven-seat Ti 7
• Positive Sentiment: BYD has reached 100,000 UK sales in three years, with roughly one-third reportedly occurring in the past six months. The acceleration suggests improving brand recognition and overseas demand. BYD Hit 100,000 UK Sales In Three Years, A Third Of Them In Six Months
• Positive Sentiment: BYD’s electric kei car received more than 5,000 orders in its first week, indicating strong initial interest in a smaller, potentially higher-volume vehicle category. BYD’s electric kei car gets off to a strong start with over 5,000 orders in its first week
• Positive Sentiment: Planned updates to the Atto 2 and Atto 3, including a rear-wheel-drive Atto 3 flagship, could refresh BYD’s international lineup and broaden its appeal. 2027 BYD Atto 3 and Atto 2 due within months
• Positive Sentiment: Higher gasoline prices are supporting global EV demand, creating a favorable broader market backdrop for BYD and other electric-vehicle manufacturers. Tesla and BYD Ride Global EV Boom
• Neutral Sentiment: Reports that BYD is working to extend solid-state battery life and may unveil humanoid robots highlight longer-term technology ambitions, but neither appears to provide near-term earnings impact. BYD Finds A Way To Make Solid-State EV Batteries Last Longer BYD to Unveil Its First Humanoid Robots In August
• Neutral Sentiment: A short-interest update provides no clear directional signal without additional data on the size or change in bearish positions. BYD Company Limited Short Interest Update

BYD Stock Down 0.8%

Shares of OTCMKTS BYDDF opened at $11.89 on Friday. BYD has a 12 month low of $9.25 and a 12 month high of $15.70. The company has a market cap of $103.84 billion, a price-to-earnings ratio of 21.23 and a beta of 0.14. The business has a fifty day simple moving average of $10.94 and a 200-day simple moving average of $12.15.

BYD (OTCMKTS:BYDDF) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $21.77 billion during the quarter, compared to analyst estimates of $21.05 billion.

BYD Company Profile

BYD Company Limited is a leading Chinese manufacturer specializing in electric vehicles, rechargeable batteries and renewable energy solutions. Established in 1995 in Shenzhen by entrepreneur Wang Chuanfu, BYD initially focused on the production of nickel-metal hydride batteries before expanding into automotive manufacturing in the early 2000s. The company’s name, an acronym of “Build Your Dreams,” reflects its mission to drive sustainable transportation and energy innovation worldwide.

In its automotive segment, BYD designs and produces a broad range of passenger cars, buses, trucks and commercial vehicles, with a particular emphasis on battery-electric and plug-in hybrid models.