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Geely Automobile Holdings Ltd. (OTCMKTS:GELYY) Short Interest Update

Geely Automobile logo with Auto/Tires/Trucks background

Key Points

  • Geely Automobile Holdings Ltd. experienced a significant increase in short interest, with 1,400 shares short as of July 15, 2023, marking a growth of 1,300.0% from the previous month.
  • The company recently declared a dividend of $0.773 per share, representing a substantial yield increase from its prior dividend of $0.02.
  • Geely's stock opened at $44.55 and has fluctuated between a 12-month low of $18.48 and a high of $53.00.
  • Want stock alerts on Geely Automobile? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Geely Automobile Holdings Ltd. (OTCMKTS:GELYY - Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,400 shares, anincreaseof1,300.0% from the June 30th total of 100 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is presently 0.1 days.

Geely Automobile Stock Up 0.6%

Shares of OTCMKTS:GELYY traded up $0.27 during midday trading on Wednesday, reaching $46.56. The company's stock had a trading volume of 2,880 shares, compared to its average volume of 15,793. Geely Automobile has a fifty-two week low of $18.48 and a fifty-two week high of $53.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.73 and a current ratio of 0.93. The business's fifty day simple moving average is $44.47 and its 200-day simple moving average is $43.55.

Geely Automobile Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, August 11th. Stockholders of record on Friday, June 13th will be paid a $0.773 dividend. This is an increase 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 167.0%.

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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