Byd Co., Ltd. (OTCMKTS:BYDDY) Sees Significant Increase in Short Interest

Key Points

• BYD Co., Ltd. experienced a dramatic increase in short interest, rising by 4,486.8% in July to a total of 1,981,500 shares.
• The company's recent dividend payout increased to $0.8801 per share, up from the previous $0.72, indicating a strong shareholder return.
• As of the latest trading, BYD's stock was priced at $14.39, with a market cap of approximately $128.56 billion.

Byd Co., Ltd. (OTCMKTS:BYDDY - Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,981,500 shares, agrowthof4,486.8% from the July 15th total of 43,200 shares. Based on an average trading volume of 4,716,800 shares, the days-to-cover ratio is currently 0.4 days. Currently,0.0% of the company's stock are sold short. Currently,0.0% of the company's stock are sold short. Based on an average trading volume of 4,716,800 shares, the days-to-cover ratio is currently 0.4 days.

BYD Stock Down 0.2%

OTCMKTS:BYDDY traded down $0.0225 during trading hours on Tuesday, hitting $14.4775. The stock had a trading volume of 1,261,053 shares, compared to its average volume of 3,676,840. The company has a current ratio of 0.81, a quick ratio of 0.51 and a debt-to-equity ratio of 0.06. BYD has a 1-year low of $9.4233 and a 1-year high of $20.05. The business has a 50 day simple moving average of $73.91 and a two-hundred day simple moving average of $89.25. The company has a market cap of $129.34 billion, a PE ratio of 20.34, a price-to-earnings-growth ratio of 1.87 and a beta of 0.02.

BYD Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, August 13th. Investors of record on Thursday, June 12th were issued a $0.8801 dividend. This is an increase from BYD's previous dividend of $0.72. This represents a yield of 84.0%. The ex-dividend date of this dividend was Wednesday, June 11th. BYD's dividend payout ratio (DPR) is currently 21.13%.

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.