Geely Automobile Holdings Limited (OTCMKTS:GELYF) Short Interest Up 51.9% in December

Geely Automobile Holdings Limited (OTCMKTS:GELYF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 9,890,436 shares, an increase of 51.9% from the November 30th total of 6,510,657 shares. Based on an average daily volume of 125,206 shares, the short-interest ratio is presently 79.0 days. Based on an average daily volume of 125,206 shares, the short-interest ratio is presently 79.0 days.

Geely Automobile Stock Performance

GELYF traded up $0.03 during trading on Monday, hitting $2.18. The stock had a trading volume of 40,988 shares, compared to its average volume of 61,349. The company has a 50 day moving average price of $2.27 and a 200-day moving average price of $2.31. Geely Automobile has a one year low of $1.66 and a one year high of $2.70.

Geely Automobile Company Profile

Geely Automobile Holdings Limited is a China-based automotive manufacturer and a subsidiary of Zhejiang Geely Holding Group. Established in 1997 by entrepreneur Li Shufu, the company has grown from a regional car assembler into one of China’s leading privately owned passenger vehicle producers. Geely Auto made its public debut on the Hong Kong Stock Exchange in 2005 and trades over-the-counter in the U.S. under the symbol GELYF.

Geely’s core business centers on the design, development, manufacturing and sale of a broad range of passenger cars.