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

Dowlais Group plc (OTCMKTS:DWLAF) saw a significant 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 trading volume, of 66,400 shares, the days-to-cover ratio is currently 0.1 days.

Dowlais Group Price Performance

Shares of OTCMKTS:DWLAF opened at $0.84 on Tuesday. The stock has a 50 day moving average price of $0.72 and a 200-day moving average price of $0.77. Dowlais Group has a 52-week low of $0.62 and a 52-week high of $1.21.

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.