Dongfeng Motor Group Company Limited (OTCMKTS:DNFGY) Sees Significant Growth in Short Interest

Dongfeng Motor Group Company Limited (OTCMKTS:DNFGY) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,300 shares, a growth of 333.3% from the October 31st total of 300 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is currently 0.8 days.

Dongfeng Motor Group Price Performance

Shares of OTCMKTS:DNFGY traded down $5.68 during midday trading on Thursday, reaching $20.83. The company had a trading volume of 235 shares, compared to its average volume of 3,342. Dongfeng Motor Group has a 1-year low of $11.36 and a 1-year high of $26.51. The business’s 50 day moving average price is $17.30 and its 200 day moving average price is $15.89.

Dongfeng Motor Group Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, November 12th. Investors of record on Friday, September 13th were issued a $0.266 dividend. The ex-dividend date was Friday, September 13th.

About Dongfeng Motor Group

Dongfeng Motor Group Company Limited engages in the research, development, manufacture, and sale of commercial and passenger vehicles, engines, and other auto parts in the People's Republic of China. It operates in four segments: Commercial Vehicles, Passenger Vehicles, Financing Service, and Corporate and Others.