Great Wall Motor Company Limited (OTCMKTS:GWLLY – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 381 shares, a decrease of 53.1% from the May 31st total of 813 shares. Based on an average trading volume of 1,454 shares, the days-to-cover ratio is presently 0.3 days.
Great Wall Motor Trading Down 2.7%
Shares of GWLLY traded down $0.33 during mid-day trading on Tuesday, reaching $11.68. 554 shares of the stock traded hands, compared to its average volume of 3,590. The stock has a fifty day simple moving average of $14.33 and a 200 day simple moving average of $16.30. 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.
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