China Yongda Automobiles Services Holdings Limited (OTCMKTS:CYYHF) Sees Significant Increase in Short Interest

China Yongda Automobiles Services Holdings Limited (OTCMKTS:CYYHF) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 280,000 shares, an increase of ? from the June 30th total of 0 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

China Yongda Automobiles Services Stock Performance

Shares of OTCMKTS:CYYHF remained flat at $0.27 during trading on Friday. China Yongda Automobiles Services has a 12-month low of $0.23 and a 12-month high of $0.59. The company’s 50-day moving average price is $0.27 and its 200-day moving average price is $0.27.

China Yongda Automobiles Services Company Profile

China Yongda Automobiles Services (OTCMKTS:CYYHF) is a leading automotive retail and services company headquartered in Tianjin, China. Founded in 2005, the firm specializes in the distribution and sale of new passenger vehicles, operating a network of franchised dealerships that partner with internationally recognized brands. Its primary portfolio includes automobiles from General Motors, Mercedes-Benz, BMW and other major manufacturers, catering to the growing demand for quality vehicles in urban and regional markets across China.

In addition to new-car retailing, China Yongda provides a comprehensive suite of after-sales services, including maintenance, repair and spare-parts distribution.