Geely Automobile Holdings Limited (OTCMKTS:GELYF) Short Interest Update

Geely Automobile Holdings Limited (OTCMKTS:GELYF) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 968,796 shares, a growth of 158.4% from the July 15th total of 374,880 shares. Based on an average daily volume of 95,228 shares, the short-interest ratio is currently 10.2 days.

Geely Automobile Stock Up 1.1%

Shares of GELYF stock opened at $2.35 on Friday. The stock has a fifty day moving average price of $2.38 and a 200 day moving average price of $2.47. Geely Automobile has a 1 year low of $1.92 and a 1 year high of $3.30.

Geely Automobile Company Profile

Geely Automobile Holdings Limited is a China-based automotive manufacturer and a subsidiary of Zhejiang Geely Holding Group. Established in 1997 by entrepreneur Li Shufu, the company has grown from a regional car assembler into one of China’s leading privately owned passenger vehicle producers. Geely Auto made its public debut on the Hong Kong Stock Exchange in 2005 and trades over-the-counter in the U.S. under the symbol GELYF.

Geely’s core business centers on the design, development, manufacturing and sale of a broad range of passenger cars.