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Short Interest in Dongfeng Motor Group Co. (OTCMKTS:DNFGY) Drops By 25.0%

Dongfeng Motor Group logo with Auto/Tires/Trucks background

Key Points

  • Dongfeng Motor Group Co. experienced a significant decrease in short interest by 25% in July, with only 300 shares sold short as of July 15th.
  • The company's shares are currently trading around $30.02, with a 52-week price range between $11.36 and $31.53, indicating notable stock volatility.
  • Dongfeng Motor Group is engaged in the research, development, and manufacturing of both commercial and passenger vehicles in China, operating across four primary segments.
  • MarketBeat previews the top five stocks to own by August 1st.
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Dongfeng Motor Group Co. (OTCMKTS:DNFGY - Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 300 shares, a drop of 25.0% from the June 30th total of 400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 3.0 days. Currently, 0.0% of the company's stock are short sold.

Dongfeng Motor Group Stock Performance

OTCMKTS DNFGY remained flat at $30.02 during trading hours on Wednesday. Dongfeng Motor Group has a 12-month low of $11.36 and a 12-month high of $31.53. The stock has a 50 day simple moving average of $23.98 and a two-hundred day simple moving average of $25.21. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.22 and a quick ratio of 1.12.

About Dongfeng Motor Group

(Get Free Report)

Dongfeng Motor Group Company Limited engages in the research, development, manufacture, and sale of commercial and passenger vehicles, engines, and other auto parts in the People's Republic of China. It operates in four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others.

Further Reading

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