Great Wall Motor Company Limited (OTCMKTS:GWLLY) Sees Significant Decrease in Short Interest

Great Wall Motor Company Limited (OTCMKTS:GWLLY) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 381 shares, a drop of 53.1% from the May 31st total of 813 shares. Based on an average daily trading volume, of 1,454 shares, the days-to-cover ratio is presently 0.3 days.

Great Wall Motor Price Performance

OTCMKTS:GWLLY remained flat at $11.68 during mid-day trading on Wednesday. 554 shares of the company traded hands, compared to its average volume of 3,590. The stock’s 50 day moving average is $14.22 and its 200 day moving average is $16.25. Great Wall Motor has a 12-month low of $11.16 and a 12-month high of $26.12.

About Great Wall Motor

Great Wall Motor Co, Ltd. is a Chinese automotive manufacturer headquartered in Baoding, Hebei Province. Founded in 1984, the company has evolved from a regional vehicle assembler into one of China’s largest producers of sport utility vehicles (SUVs) and pickup trucks. Over the decades, Great Wall Motor has invested in research and development to broaden its product portfolio and enhance its manufacturing capabilities.

The company’s principal business activities include the design, development and production of passenger vehicles, commercial vehicles and new energy vehicles.