Short Interest in BYD Company Limited (OTCMKTS:BYDDY) Increases By 103.8%

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Short interest in BYD Company Limited on the OTCMKTS market increased 103.8% in December, totalling 311,400 shares, with a short-interest ratio of 0.4 days. On January 15, the stock traded at $53.88, down 0.5%, with a market capitalization of $80.23 billion and a price-to-earnings ratio of 19.42. BYD last announced earnings in the second quarter, with a $22.41 billion revenue.

Analysts at Macquarie initiated coverage with an “outperform” rating on BYD stock. The company maintains a notable market share and posted strong quarterly earnings data on October 30th. BYD, which operates in China and internationally, runs three business segments: Rechargeable Batteries and Photovoltaic; Mobile Phone Components and Assembly; and Automobiles and Related Products.



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