BAIC Motor Co. Limited (OTCMKTS:BCCMY) Stock Short Interest Jumps 20,000.0%

BAIC Motor Co. Limited (OTCMKTS:BCCMY) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 201 shares, a growth of 20,000.0% from the August 31st total of 1 shares. Based on an average daily volume of 537 shares, the days-to-cover ratio is currently 0.4 days.

BAIC Motor Stock Performance

OTCMKTS BCCMY remained flat at $0.92 on Thursday. BAIC Motor has a 12-month low of $0.88 and a 12-month high of $2.50. The firm’s fifty day simple moving average is $1.06 and its 200 day simple moving average is $1.42.

BAIC Motor Company Profile

BAIC Motor Corporation Limited is a Beijing-based automotive manufacturer focused primarily on the development, production, marketing and sale of passenger vehicles and related automotive components. Its activities include vehicle manufacturing, sales, after-sales service and other services supporting its automotive business.

The company operates through its own passenger-vehicle business under the Beijing brand and through major joint ventures. Beijing Benz Automotive, its partnership with Mercedes-Benz Group, manufactures and sells Mercedes-Benz passenger vehicles in China.