Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Drops By 25.4%

BYD Company Limited (OTCMKTS:BYDDY) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 153,000 shares, a decline of 25.4% from the October 15th total of 205,100 shares. Based on an average trading volume of 605,600 shares, the days-to-cover ratio is currently 0.3 days.

BYD Price Performance

Shares of BYD stock traded down $2.12 during trading on Friday, hitting $67.72. The stock had a trading volume of 289,646 shares, compared to its average volume of 346,749. The firm has a market cap of $100.84 billion, a P/E ratio of 20.90, a PEG ratio of 0.96 and a beta of 0.33. The business has a fifty day moving average of $70.24 and a two-hundred day moving average of $62.34. BYD has a fifty-two week low of $43.62 and a fifty-two week high of $83.67.

BYD (OTCMKTS:BYDDY) last announced its quarterly earnings data on Wednesday, August 28th. The company reported $0.86 earnings per share for the quarter. BYD had a return on equity of 22.72% and a net margin of 4.86%. The business had revenue of $24.33 billion during the quarter. As a group, research analysts forecast that BYD will post 3.84 earnings per share for the current year.

BYD Company Profile

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.