Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Drops By 7.5%

BYD Company Limited (OTCMKTS:BYDDY) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totalling 161,400 shares, a drop of 7.5% from the September 15th total of 174,500 shares. Based on an average daily volume of 716,800 shares, the days-to-cover ratio is currently 0.2 days.

BYD Trading Up 0.5 %

Shares of OTCMKTS:BYDDY opened at $69.86 on Thursday. The stock has a market capitalization of $104.02 billion, a P/E ratio of 23.92, a P/E/G ratio of 1.56 and a beta of 0.32. The business has a 50-day moving average price of $63.83 and a two-hundred day moving average price of $59.35. BYD has a 1-year low of $43.62 and a 1-year high of $83.67.

BYD (OTCMKTS:BYDDY) last released its earnings results on Wednesday, August 28th. The company reported $0.86 EPS for the quarter. The firm had revenue of $24.33 billion during the quarter. BYD had a net margin of 4.96% and a return on equity of 22.72%. As a group, equities analysts predict that BYD will post 3.42 EPS for the current year.

About BYD

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People’s Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company operates in two segments: Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products.