Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Short Interest Up 621.2% in April

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUFGet Free Report) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 3,593,600 shares, an increase of 621.2% from the March 31st total of 498,300 shares. Based on an average trading volume of 14,900 shares, the days-to-cover ratio is currently 241.2 days.

Guangzhou Automobile Group Price Performance

Shares of Guangzhou Automobile Group stock remained flat at $0.40 on Friday. Guangzhou Automobile Group has a 1-year low of $0.36 and a 1-year high of $0.65. The business’s 50-day simple moving average is $0.42 and its 200-day simple moving average is $0.44.

Guangzhou Automobile Group Company Profile

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Guangzhou Automobile Group Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others.

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