BYD Company Limited (OTCMKTS:BYDDF) Short Interest Down 56.1% in June

BYD Company Limited (OTCMKTS:BYDDF) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 5,521,193 shares, a decline of 56.1% from the May 31st total of 12,563,046 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 453,016 shares, the short-interest ratio is presently 12.2 days.

BYD Stock Down 1.0%

BYD stock opened at $9.30 on Wednesday. The business has a fifty day moving average of $11.77 and a two-hundred day moving average of $12.34. The company has a quick ratio of 0.56, a current ratio of 0.87 and a debt-to-equity ratio of 0.29. The firm has a market cap of $81.24 billion, a P/E ratio of 16.61 and a beta of 0.14. BYD has a twelve month low of $9.25 and a twelve month high of $17.75.

BYD (OTCMKTS:BYDDF) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The firm 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.