Dongfeng Motor Group Company Limited (OTCMKTS:DNFGY – Get Free Report) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 300 shares, a drop of 85.7% from the October 15th total of 2,100 shares. Based on an average daily volume of 13,800 shares, the days-to-cover ratio is presently 0.0 days.
Dongfeng Motor Group Trading Up 29.7 %
Shares of DNFGY traded up $4.58 on Tuesday, reaching $20.00. The stock had a trading volume of 799 shares, compared to its average volume of 3,595. The company has a 50-day simple moving average of $15.09 and a 200-day simple moving average of $15.53. Dongfeng Motor Group has a 12-month low of $11.36 and a 12-month high of $24.28.
Dongfeng Motor Group Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.266 per share. The ex-dividend date is 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.
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