Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Short Interest Up 13.0% in October

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 98,924,600 shares, an increase of 13.0% from the October 15th total of 87,566,900 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is presently 6,869.8 days.

Guangzhou Automobile Group Trading Up 6.1 %

Shares of OTCMKTS GNZUF traded up $0.02 during midday trading on Monday, hitting $0.38. The company’s stock had a trading volume of 8,300 shares, compared to its average volume of 8,514. The business’s fifty day simple moving average is $0.36 and its two-hundred day simple moving average is $0.37. Guangzhou Automobile Group has a 1 year low of $0.27 and a 1 year high of $0.49.

About Guangzhou Automobile Group

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.