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.
Get Guangzhou Automobile Group alerts: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
(Get Rating)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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