Geely Automobile Holdings Limited (OTCMKTS:GELYF – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 408,073 shares, a decline of 87.0% from the September 30th total of 3,140,588 shares. Based on an average trading volume of 167,310 shares, the short-interest ratio is presently 2.4 days.
Geely Automobile Stock Performance
Shares of GELYF opened at $1.82 on Tuesday. The company’s fifty day moving average is $2.08 and its 200-day moving average is $2.36. Geely Automobile has a 12 month low of $1.64 and a 12 month high of $3.30.
Geely Automobile Company Profile
Geely Automobile Holdings Ltd. is a China-based automotive manufacturer headquartered in Hangzhou, Zhejiang. The company develops, manufactures and sells passenger vehicles, including gasoline-powered automobiles, plug-in hybrid models and battery-electric vehicles. Its operations also include the production of vehicle engines, transmissions and related automotive components.
Geely Automobile’s vehicle portfolio includes the Geely brand as well as premium and new-energy offerings associated with Lynk & Co and ZEEKR.
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