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Short Interest in Geely Automobile Holdings Limited (OTCMKTS:GELYY) Grows By 154.2%

Geely Automobile logo with Auto/Tires/Trucks background

Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 6,100 shares, an increase of 154.2% from the May 15th total of 2,400 shares. Based on an average daily volume of 31,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company's shares are short sold.

Geely Automobile Trading Up 1.2%

GELYY stock traded up $0.52 during midday trading on Monday, reaching $41.84. The stock had a trading volume of 18,257 shares, compared to its average volume of 16,163. Geely Automobile has a twelve month low of $18.48 and a twelve month high of $53.00. The business has a fifty day simple moving average of $44.33 and a two-hundred day simple moving average of $41.92. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.05 and a quick ratio of 0.91.

Geely Automobile Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, August 11th. Stockholders of record on Friday, June 13th will be given a dividend of $0.773 per share. This is a boost from Geely Automobile's previous dividend of $0.02. The ex-dividend date of this dividend is Thursday, June 12th. This represents a dividend yield of 1.67%.

Geely Automobile Company Profile

(Get Free Report)

Geely Automobile Holdings Limited, an investment holding company, operates as an automobile manufacturer primarily in the People's Republic of China. The company engages in the research and development, production, marketing, and sale of passenger vehicles, automobile parts, and related automobile components, as well as provision of related after-sales and technical services.

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