Short Interest in Byd Co., Ltd. (OTCMKTS:BYDDY) Expands By 4,486.8%

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 increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,981,500 shares, anincreaseof4,486.8% from the July 15th total of 43,200 shares. Currently,0.0% of the company's stock are short sold. Based on an average daily trading volume, of 4,716,800 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 4,716,800 shares, the short-interest ratio is currently 0.4 days. Currently,0.0% of the company's stock are short sold.

BYD Stock Up 0.2%

BYD stock traded up $0.03 during mid-day trading on Friday, reaching $14.39. 795,531 shares of the company were exchanged, compared to its average volume of 2,303,558. The business has a fifty day moving average of $75.64 and a 200 day moving average of $89.51. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.51 and a current ratio of 0.81. The firm has a market cap of $128.56 billion, a P/E ratio of 20.22, a PEG ratio of 1.87 and a beta of 0.02. BYD has a 12-month low of $9.37 and a 12-month high of $20.05.

BYD Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, August 13th. Stockholders of record on Thursday, June 12th were given a dividend of $0.8801 per share. The ex-dividend date of this dividend was Wednesday, June 11th. This is a boost from BYD's previous dividend of $0.72. This represents a dividend yield of 84.0%. BYD's payout ratio is currently 21.13%.

BYD Company Profile

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.