Short Interest in China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Decreases By 10.1%

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 178,000 shares, a decrease of 10.1% from the October 15th total of 198,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China MeiDong Auto Stock Performance

Shares of OTCMKTS CMEIF remained flat at $0.30 during trading hours on Monday. The company’s 50 day simple moving average is $0.29 and its 200-day simple moving average is $0.29. China MeiDong Auto has a 52 week low of $0.21 and a 52 week high of $0.64.

About China MeiDong Auto

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.