Dowlais Group plc (OTCMKTS:DWLAF) Sees Large Increase in Short Interest

Dowlais Group plc (OTCMKTS:DWLAF) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 700 shares, a growth of 600.0% from the March 31st total of 100 shares. Based on an average daily volume of 112,000 shares, the days-to-cover ratio is currently 0.0 days.

Dowlais Group Stock Performance

Shares of DWLAF remained flat at $1.05 during mid-day trading on Thursday. Dowlais Group has a 52-week low of $0.00 and a 52-week high of $1.72. The firm has a 50-day simple moving average of $1.06 and a two-hundred day simple moving average of $1.16.

About Dowlais Group

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.