Short Interest in China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Increases By 5.6%

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 188,000 shares, a growth of 5.6% from the October 31st total of 178,000 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

China MeiDong Auto Stock Performance

Shares of CMEIF stock remained flat at $0.30 during trading hours on Tuesday. The business has a 50-day simple moving average of $0.30 and a 200 day simple moving average of $0.29. China MeiDong Auto has a 1-year low of $0.21 and a 1-year high of $0.64.

About China MeiDong Auto

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.