Dowlais Group plc (OTCMKTS:DWLAF) Sees Significant Growth in Short Interest

Dowlais Group plc (OTCMKTS:DWLAF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 4,100 shares, a growth of 4,000.0% from the October 15th total of 100 shares. Based on an average trading volume of 78,700 shares, the days-to-cover ratio is presently 0.1 days.

Dowlais Group Stock Up 4.9 %

Shares of Dowlais Group stock traded up $0.03 during trading hours on Tuesday, hitting $0.65. The company’s stock had a trading volume of 10,000 shares, compared to its average volume of 39,686. Dowlais Group has a 12 month low of $0.62 and a 12 month high of $1.38. The stock has a 50 day moving average of $0.73 and a 200 day moving average of $0.83.

Dowlais Group Company Profile

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.