BYD Company Limited (OTCMKTS:BYDDY) Short Interest Down 17.9% in May

BYD Company Limited (OTCMKTS:BYDDY - Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totalling 397,600 shares, a drop of 17.9% from the April 30th total of 484,100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 1,058,200 shares, the short-interest ratio is currently 0.4 days.

BYD Stock Down 0.7%

Shares of OTCMKTS BYDDY traded down $0.78 on Friday, reaching $104.37. 768,637 shares of the company's stock traded hands, compared to its average volume of 701,079. BYD has a 12 month low of $52.50 and a 12 month high of $120.30. The business's 50 day simple moving average is $100.00 and its two-hundred day simple moving average is $86.78. The company has a market cap of $155.41 billion, a price-to-earnings ratio of 32.21, a price-to-earnings-growth ratio of 0.82 and a beta of 0.10.

BYD (OTCMKTS:BYDDY - Get Free Report) last announced its earnings results on Friday, April 25th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.16. BYD had a net margin of 4.86% and a return on equity of 22.72%. The business had revenue of $23.36 billion during the quarter, compared to the consensus estimate of $188.91 billion. Analysts forecast that BYD will post 3.87 earnings per share for the current fiscal year.

BYD Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, August 13th. Shareholders of record on Thursday, June 12th will be paid a dividend of $0.8801 per share. This is an increase from BYD's previous dividend of $0.72. The ex-dividend date is Wednesday, June 11th. This represents a dividend yield of 0.84%. BYD's dividend payout ratio (DPR) is currently 20.61%.

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.