Short Interest in Mazda Motor Co. (OTCMKTS:MZDAF) Expands By 96.3%

Mazda Motor Co. (OTCMKTS:MZDAF) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 3,633,019 shares, a growth of 96.3% from the May 14th total of 1,850,595 shares. Based on an average daily volume of 1,457 shares, the days-to-cover ratio is currently 2,493.5 days.

Mazda Motor Stock Performance

OTCMKTS MZDAF remained flat at $7.65 during mid-day trading on Tuesday. 774 shares of the company traded hands, compared to its average volume of 701. Mazda Motor has a 52-week low of $5.60 and a 52-week high of $9.35. The company has a 50-day moving average price of $6.66 and a two-hundred day moving average price of $7.38.

Mazda Motor Company Profile

Mazda Motor Corporation is a Japan-based automotive manufacturer engaged in the design, development, production and sale of passenger cars, sport utility vehicles and crossovers. The company also provides related after-sales services and parts, along with financial and leasing services through its subsidiary Mazda Financial Services. Mazda’s product lineup spans compact hatchbacks, sedans, and mid-size SUVs, with a growing focus on fuel-efficient internal combustion engines, SKYACTIV® technology, and a strategic move toward electrified powertrains.

Originally founded in Hiroshima in 1920 as Toyo Cork Kogyo Co, Ltd., Mazda entered automobile production in the early 1930s.