Short Interest in BYD Company Limited (OTCMKTS:BYDDF) Increases By 38.5%

BYD Company Limited (OTCMKTS:BYDDF) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,277,200 shares, an increase of 38.5% from the March 31st total of 1,643,900 shares. Based on an average daily volume of 158,000 shares, the days-to-cover ratio is currently 14.4 days.

BYD Price Performance

Shares of OTCMKTS BYDDF traded up $1.22 during mid-day trading on Friday, hitting $27.18. 89,097 shares of the company were exchanged, compared to its average volume of 66,005. The stock has a 50 day simple moving average of $25.67 and a 200-day simple moving average of $26.99. BYD has a 1-year low of $21.80 and a 1-year high of $36.27.

About BYD

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.