BYD Company Limited (OTCMKTS:BYDDF) Sees Large Increase in Short Interest

BYD Company Limited (OTCMKTS:BYDDF) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 2,051,400 shares, a growth of 76.4% from the September 30th total of 1,162,900 shares. Based on an average trading volume of 219,300 shares, the days-to-cover ratio is currently 9.4 days.

BYD Stock Performance

BYD stock traded up $0.93 during midday trading on Friday, hitting $37.58. 106,489 shares of the company’s stock were exchanged, compared to its average volume of 98,709. BYD has a 12 month low of $21.80 and a 12 month high of $42.00. The company has a market cap of $109.40 billion, a PE ratio of 25.74 and a beta of 0.30. The firm has a 50-day moving average of $33.16 and a two-hundred day moving average of $30.18.

BYD (OTCMKTS:BYDDF) last issued its quarterly earnings data on Wednesday, August 28th. The company reported $0.43 EPS for the quarter. The business had revenue of $24.33 billion during the quarter.

About BYD

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.