BYD Company Limited (OTCMKTS:BYDDF – Get Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,059,960 shares, a growth of 95.3% from the August 15th total of 3,614,699 shares. Based on an average trading volume of 218,137 shares, the short-interest ratio is currently 32.4 days. Currently, 0.1% of the company’s shares are sold short.
BYD Price Performance
OTCMKTS:BYDDF opened at $10.13 on Wednesday. The business has a fifty day simple moving average of $11.25 and a two-hundred day simple moving average of $11.88. BYD has a 1 year low of $9.25 and a 1 year high of $14.95. The company has a market capitalization of $88.47 billion, a P/E ratio of 22.51 and a beta of 0.09.
BYD (OTCMKTS:BYDDF – Get Free Report) last released its quarterly earnings data on Friday, August 28th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The company had revenue of $24.10 billion during the quarter, compared to the consensus estimate of $25.62 billion.
Analysts Set New Price Targets
Read Our Latest Analysis on BYD
BYD News Summary
Here are the key news stories impacting BYD this week:
- Positive Sentiment: BYD launched its 62 MWh GC Block battery-storage system, designed for gigawatt-scale projects. The product expands BYD’s energy-storage business and could support growth beyond passenger vehicles. BYD launches 62 MWh GC Block for gigawatt-scale battery storage plants
- Positive Sentiment: BYD is accelerating its European commercial-vehicle strategy, showcasing the 44-ton ETT 44 electric truck with approximately 600 kilometers of range and 1.5 MW charging. The company plans to launch heavy-duty trucks in Europe next year and eventually manufacture them locally, potentially reducing trade barriers and strengthening its regional presence. BYD to produce trucks in Europe
- Positive Sentiment: New product announcements—including the Denza N8L SUV, Denza Z9 GT, low-priced Atto 1, and planned solid-state-battery vehicles—highlight BYD’s efforts to cover luxury, mass-market, and next-generation EV segments. The ETT 44 also received a five-star Euro NCAP safety rating. BYD launches the Denza N8L
- Neutral Sentiment: BYD is testing additional premium models, including a Rolls-Royce-like sedan and luxury SUV. These vehicles could improve brand positioning, but their financial contribution remains uncertain. BYD tests new premium models
- Negative Sentiment: BYD recalled more than 32,000 Shark 6 pickup trucks in Australia over a spare-wheel issue that could cause the wheel to detach, creating a potentially serious road hazard. The recall raises concerns about warranty costs, regulatory scrutiny, and brand reputation. BYD recalls Shark 6 utes
- Negative Sentiment: Reported short interest in BYDDF has increased substantially, indicating greater bearish positioning and the potential for continued volatility. BYD sees growth in short interest
About BYD
BYD Company Limited is a China-based technology and manufacturing company headquartered in Shenzhen. Founded in 1995 by Wang Chuanfu, the company initially focused on rechargeable batteries before expanding into automobiles, electronics and other technology-related businesses.
BYD’s automotive operations develop and manufacture battery-electric and plug-in hybrid passenger vehicles, commercial vehicles, buses and trucks. Its vehicle portfolio includes models sold under the BYD brand, as well as premium and specialty brands such as Denza, Yangwang and Fangchengbao.
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