Guangzhou Automobile Group Co., Ltd. (OTCMKTS:GNZUF – Get Rating) was the target of a significant decline in short interest in June. As of June 30th, there was short interest totalling 612,200 shares, a decline of 32.1% from the June 15th total of 902,200 shares. Based on an average daily volume of 16,800 shares, the short-interest ratio is currently 36.4 days.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. upgraded shares of Guangzhou Automobile Group from a "neutral" rating to an "overweight" rating in a report on Friday, April 29th.

Guangzhou Automobile Group Price Performance

Shares of OTCMKTS:GNZUF opened at $0.94 on Friday. The company's 50 day moving average is $0.93 and its two-hundred day moving average is $0.92. Guangzhou Automobile Group has a 52 week low of $0.71 and a 52 week high of $1.18.

Guangzhou Automobile Group Company Profile

Guangzhou Automobile Group Co, Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of vehicles and motorcycles, and parts and components; and provision of commercial and financial services in Mainland China and internationally. The company operates through two segments, Vehicles and Related Operations, and Others.

Further Reading

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