BAIC Motor Co. Limited (OTCMKTS:BCCMY) Sees Significant Growth in Short Interest

BAIC Motor Co. Limited (OTCMKTS:BCCMY) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 5,000 shares, an increase of 4,900.0% from the February 13th total of 100 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 2.9 days.

BAIC Motor Price Performance

Shares of OTCMKTS BCCMY remained flat at $3.25 during midday trading on Wednesday. The business has a 50-day simple moving average of $2.76 and a 200-day simple moving average of $2.62. BAIC Motor has a twelve month low of $2.25 and a twelve month high of $3.25.

About BAIC Motor

BAIC Motor Corporation Limited, together with its subsidiaries, research, develops, manufactures, sells, and after-sale services passenger vehicles in the People’s Republic of China. The company also provides engines, powertrain, power batteries, transmissions, new energy reducers, and other parts. In addition, it engages in car financing; and project investment and investment management.