BYD Company Limited (OTCMKTS:BYDDF) Short Interest Update

BYD Company Limited (OTCMKTS:BYDDF) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 5,521,193 shares, a drop of 56.1% from the May 31st total of 12,563,046 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 453,016 shares, the days-to-cover ratio is currently 12.2 days.

BYD Price Performance

Shares of OTCMKTS:BYDDF opened at $9.39 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.56. The stock has a market cap of $81.99 billion, a price-to-earnings ratio of 16.76 and a beta of 0.14. The company has a 50 day moving average of $11.97 and a 200-day moving average of $12.39. BYD has a one year low of $9.32 and a one year high of $17.75.

BYD (OTCMKTS:BYDDF) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.01). The company had revenue of $21.77 billion for the quarter, compared to analyst estimates of $21.05 billion.

BYD Company Profile

BYD Company Limited is a leading Chinese manufacturer specializing in electric vehicles, rechargeable batteries and renewable energy solutions. Established in 1995 in Shenzhen by entrepreneur Wang Chuanfu, BYD initially focused on the production of nickel-metal hydride batteries before expanding into automotive manufacturing in the early 2000s. The company’s name, an acronym of “Build Your Dreams,” reflects its mission to drive sustainable transportation and energy innovation worldwide.

In its automotive segment, BYD designs and produces a broad range of passenger cars, buses, trucks and commercial vehicles, with a particular emphasis on battery-electric and plug-in hybrid models.