Dongfeng Motor Group Co. (OTCMKTS:DNFGY - Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 100 shares, a drop of 66.7% from the August 15th total of 300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.
Analyst Upgrades and Downgrades
Separately, Hsbc Global Res upgraded Dongfeng Motor Group to a "strong-buy" rating in a research note on Tuesday, August 26th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, the stock has an average rating of "Strong Buy".
Check Out Our Latest Stock Report on DNFGY
Dongfeng Motor Group Trading Down 18.5%
Shares of OTCMKTS DNFGY traded down $10.84 during trading on Wednesday, reaching $47.91. 130 shares of the company traded hands, compared to its average volume of 403. The firm's fifty day simple moving average is $39.93 and its 200 day simple moving average is $30.63. Dongfeng Motor Group has a 12-month low of $12.17 and a 12-month high of $63.47. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.12 and a current ratio of 1.22.
Dongfeng Motor Group Company Profile
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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.
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