BAIC Motor Co. Limited (OTCMKTS:BCCMY) Sees Large Decline in Short Interest

BAIC Motor Co. Limited (OTCMKTS:BCCMY) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 98.0% from the February 28th total of 5,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

BAIC Motor Price Performance

Shares of BCCMY remained flat at $2.70 during mid-day trading on Friday. The business has a 50-day moving average of $2.85 and a 200 day moving average of $2.66. BAIC Motor has a 12 month low of $2.25 and a 12 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.