Great Wall Motor Company Limited (OTCMKTS:GWLLF) Short Interest Down 24.2% in March

Great Wall Motor Company Limited (OTCMKTS:GWLLF) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 159,687 shares, a drop of 24.2% from the February 26th total of 210,704 shares. Based on an average daily volume of 7,886 shares, the days-to-cover ratio is presently 20.2 days.

Great Wall Motor Stock Performance

Shares of OTCMKTS GWLLF opened at $1.57 on Friday. The company’s 50 day moving average price is $1.64 and its 200-day moving average price is $1.87. Great Wall Motor has a 52-week low of $1.38 and a 52-week high of $2.51.

About Great Wall Motor

Great Wall Motor Company Limited is a leading Chinese automotive manufacturer based in Baoding, Hebei Province. The company specializes in the design, development and production of sport-utility vehicles (SUVs), pickup trucks and electric vehicles. Its portfolio includes the Haval brand of SUVs, the WEY luxury SUV line, the Tank series of off-road vehicles and the ORA electric vehicle brand. Great Wall Motor’s vertical integration spans steel stamping, welding, painting and final assembly, allowing the company to maintain control over key production processes and quality standards.

Founded in 1984 as the Baoding Great Wall Foundry Factory, the company adopted the name Great Wall Motor in 1996 to reflect its automotive ambitions.