Dowlais Group plc (OTCMKTS:DWLAF) Short Interest Up 230.8% in December

Dowlais Group plc (OTCMKTS:DWLAF) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 4,300 shares, a growth of 230.8% from the December 15th total of 1,300 shares. Based on an average daily volume of 66,400 shares, the days-to-cover ratio is currently 0.1 days.

Dowlais Group Price Performance

DWLAF remained flat at $0.84 during trading on Wednesday. Dowlais Group has a fifty-two week low of $0.62 and a fifty-two week high of $1.21. The company’s 50 day simple moving average is $0.73 and its 200-day simple moving average is $0.77.

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.