Hyundai Motor (OTCMKTS:HYMTF) Sees Large Drop in Short Interest

Hyundai Motor (OTCMKTS:HYMTF) was the target of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 21,700 shares, a decline of 10.7% from the January 15th total of 24,300 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 4.3 days.

Hyundai Motor Price Performance

HYMTF traded down $0.65 on Monday, reaching $53.85. The company had a trading volume of 445 shares, compared to its average volume of 3,335. The stock has a 50-day moving average price of $53.26 and a 200-day moving average price of $57.88. Hyundai Motor has a 1 year low of $49.10 and a 1 year high of $69.27.

About Hyundai Motor

Hyundai Motor Company, together with its subsidiaries, manufactures and distributes motor vehicles and parts worldwide. It operates through Vehicle, Finance, and Others segments. The company offers cars under the AZERA, SONATA, VELOSTER, i30, ELANTRA, ACCENT, i20, and i10 names; SUVs under the TUCSON, SANTA FE, KONA, PALISADE, CRETA, and VENUE names; commercial vehicles under the STARIA, H-1, and H-100 names; and eco vehicles under the IONIQ 6, IONIQ 5, NEXO, SANTA FE Hybrid, SONATA Hybrid, AZERA Hybrid, KONA Electric, IONIQ Plug-in Hybrid, IONIQ Electric, IONIQ Hybrid, and i30 Hybrid names.