Mazda Motor Co. (OTCMKTS:MZDAF) Sees Significant Drop in Short Interest

Mazda Motor Co. (OTCMKTS:MZDAF) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 1,850,595 shares, a decrease of 47.6% from the April 30th total of 3,529,168 shares. Based on an average trading volume of 1,654 shares, the short-interest ratio is presently 1,118.9 days.

Mazda Motor Stock Performance

MZDAF opened at $7.56 on Wednesday. The business has a 50 day moving average of $6.57 and a 200-day moving average of $7.36. Mazda Motor has a 52 week low of $5.50 and a 52 week high of $9.35.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japan-based automotive manufacturer engaged in the design, development, production and sale of passenger cars, sport utility vehicles and crossovers. The company also provides related after-sales services and parts, along with financial and leasing services through its subsidiary Mazda Financial Services. Mazda’s product lineup spans compact hatchbacks, sedans, and mid-size SUVs, with a growing focus on fuel-efficient internal combustion engines, SKYACTIV® technology, and a strategic move toward electrified powertrains.

Originally founded in Hiroshima in 1920 as Toyo Cork Kogyo Co, Ltd., Mazda entered automobile production in the early 1930s.