Mazda Motor Co. (OTCMKTS:MZDAF – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,633,019 shares, an increase of 96.3% from the May 14th total of 1,850,595 shares. Based on an average trading volume of 1,457 shares, the days-to-cover ratio is currently 2,493.5 days.
Mazda Motor Stock Performance
Mazda Motor stock remained flat at $6.85 during trading hours on Friday. 61 shares of the company’s stock were exchanged, compared to its average volume of 700. Mazda Motor has a 52 week low of $5.60 and a 52 week high of $9.35. The business’s fifty day moving average price is $6.63 and its 200 day moving average price is $7.38.
About Mazda Motor
Mazda Motor Corporation is a Japan-based automotive manufacturer engaged in the design, development, production and sale of passenger cars, sport utility vehicles and crossovers. The company also provides related after-sales services and parts, along with financial and leasing services through its subsidiary Mazda Financial Services. Mazda’s product lineup spans compact hatchbacks, sedans, and mid-size SUVs, with a growing focus on fuel-efficient internal combustion engines, SKYACTIV® technology, and a strategic move toward electrified powertrains.
Originally founded in Hiroshima in 1920 as Toyo Cork Kogyo Co, Ltd., Mazda entered automobile production in the early 1930s.
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