BAIC Motor Co. Limited (OTCMKTS:BCCMY) Sees Large Increase in Short Interest

BAIC Motor Co. Limited (OTCMKTS:BCCMY) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 1,200 shares, an increase of 1,100.0% from the March 15th total of 100 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 1.1 days.

BAIC Motor Stock Up 7.0 %

Shares of OTCMKTS BCCMY opened at $2.44 on Wednesday. BAIC Motor has a 12 month low of $2.25 and a 12 month high of $3.25. The business’s 50 day moving average is $2.79 and its two-hundred day moving average is $2.68.

BAIC Motor Company Profile

BAIC Motor Corporation Limited, together with its subsidiaries, research, develops, manufactures, sells, and after-sale services passenger vehicles in the People’s Republic of China. The company also provides engines, powertrain, power batteries, transmissions, new energy reducers, and other parts. In addition, it engages in car financing; and project investment and investment management.