Short Interest in Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Increases By 252.0%

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 7,877,380 shares, a growth of 252.0% from the November 30th total of 2,237,980 shares. Based on an average daily volume of 25,838 shares, the short-interest ratio is presently 304.9 days. Based on an average daily volume of 25,838 shares, the short-interest ratio is presently 304.9 days.

Guangzhou Automobile Group Stock Performance

GNZUF traded down $0.01 on Friday, reaching $0.54. The company had a trading volume of 7,300 shares, compared to its average volume of 5,466. Guangzhou Automobile Group has a one year low of $0.30 and a one year high of $0.55. The company has a fifty day moving average of $0.45 and a 200-day moving average of $0.42.

About Guangzhou Automobile Group

Guangzhou Automobile Group Co, Ltd. (GAC Group) is a state‐owned Chinese automaker headquartered in Guangzhou, Guangdong Province. Established in 2000 with origins tracing back to vehicle manufacturing activities in the 1950s, GAC Group has grown into one of China’s leading automotive conglomerates. The company is publicly traded on the Shanghai and Hong Kong stock exchanges, and its American Depositary Shares trade over the counter under the ticker GNZUF.

GAC Group’s core business encompasses the design, development, manufacture and sale of passenger cars, commercial vehicles and auto parts.