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

Hyundai Motor (OTCMKTS:HYMTFGet Rating) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 21,600 shares, a decrease of 59.6% from the April 15th total of 53,500 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is currently 4.2 days.

Hyundai Motor stock traded up $0.69 during trading on Friday, reaching $36.29. 1,388 shares of the company’s stock were exchanged, compared to its average volume of 5,492. The company’s 50-day moving average is $35.77 and its two-hundred day moving average is $38.78. Hyundai Motor has a 52-week low of $33.55 and a 52-week high of $52.64.

Hyundai Motor Company Profile (Get Rating)

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, Veloster N, i30 Fastback N, The new i30, i30 N, The all-new Elantra, Accent, i20 N, i20, The all-new Elantra N, and i10 names; and SUVs under the Palisade, Santa Fe, The all-new Tucson, Creta, The new Kona, KONA N, and Venue names.

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