Geely Automobile Holdings Limited (OTCMKTS:GELYY - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 6,100 shares, a growth of 154.2% from the May 15th total of 2,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 31,400 shares, the short-interest ratio is currently 0.2 days.
Geely Automobile Stock Down 3.6%
Geely Automobile stock traded down $1.56 during midday trading on Monday, hitting $41.32. 7,451 shares of the company's stock were exchanged, compared to its average volume of 16,145. Geely Automobile has a 52-week low of $18.48 and a 52-week high of $53.00. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.05 and a quick ratio of 0.91. The stock has a 50-day moving average price of $44.17 and a two-hundred day moving average price of $41.88.
Geely Automobile Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, August 11th. Stockholders of record on Friday, June 13th will be paid a $0.773 dividend. The ex-dividend date is Thursday, June 12th. This represents a dividend yield of 1.67%. This is an increase from Geely Automobile's previous dividend of $0.02.
About Geely Automobile
(
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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