Short Interest in Dowlais Group plc (OTCMKTS:DWLAF) Rises By 4,000.0%

Dowlais Group plc (OTCMKTS:DWLAF) was the target of 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 daily trading volume, of 78,700 shares, the days-to-cover ratio is presently 0.1 days.

Dowlais Group Price Performance

OTCMKTS:DWLAF opened at $0.65 on Thursday. The stock’s 50-day simple moving average is $0.73 and its 200 day simple moving average is $0.83. Dowlais Group has a twelve month low of $0.62 and a twelve month high of $1.38.

About Dowlais Group

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.