Mazda Motor Co. (OTCMKTS:MZDAF) Short Interest Down 47.6% in May

Mazda Motor Co. (OTCMKTS:MZDAF) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,850,595 shares, a drop of 47.6% from the April 30th total of 3,529,168 shares. Based on an average daily trading volume, of 1,654 shares, the short-interest ratio is currently 1,118.9 days.

Mazda Motor Price Performance

Shares of OTCMKTS MZDAF remained flat at $7.56 during mid-day trading on Wednesday. 450 shares of the company were exchanged, compared to its average volume of 716. The stock has a 50-day simple moving average of $6.57 and a 200 day simple moving average of $7.36. Mazda Motor has a 1 year low of $5.50 and a 1 year high of $9.35.

About Mazda Motor

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.