Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) Sees Significant Growth in Short Interest

Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF) was the recipient of a large increase in short interest in the month of 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 daily volume of 14,900 shares, the short-interest ratio is currently 241.2 days.

Guangzhou Automobile Group Stock Performance

Shares of OTCMKTS GNZUF 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 stock has a 50-day moving average price of $0.42 and a 200 day moving average price of $0.44.

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.