Weichai Power Co., Ltd. (OTCMKTS:WEICY) Short Interest Update - MarketBeat

2022-09-17 11:32:33 By : Ms. Tracy Zhang

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Weichai Power Co., Ltd. (OTCMKTS:WEICY - Get Rating) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 1,200 shares, a drop of 58.6% from the August 15th total of 2,900 shares. Based on an average trading volume of 95,500 shares, the days-to-cover ratio is currently 0.0 days. Weichai Power Price Performance

Weichai Power stock traded up $0.08 during mid-day trading on Tuesday, hitting $10.42. 40,716 shares of the company were exchanged, compared to its average volume of 44,558. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.12 and a current ratio of 1.39. The business's 50 day simple moving average is $11.25 and its two-hundred day simple moving average is $11.68. Weichai Power has a 12-month low of $9.79 and a 12-month high of $19.39. Weichai Power Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, September 12th. Shareholders of record on Thursday, July 28th were given a dividend of $0.174 per share. This represents a yield of 2.88%. The ex-dividend date was Wednesday, July 27th. Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. raised Weichai Power from an "underweight" rating to an "overweight" rating in a report on Tuesday, May 31st.About Weichai Power (Get Rating)

Weichai Power Co, Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. It operates through Engines, Automobiles and Automobile Components, and Intelligent Logistics segments. The company provides design, development, production, sale, repair, and import and export of engines and auxiliary products, automobile axles and components, and gearboxes and components; hydraulic pumps and motors; hydraulic valves; gears and gear transmission devices; ancillary casting and casting products of hydraulic components; internal combustion engines, energy powertrain systems and ancillary products; technical consultation and technical services; leasing of self-owned houses; steel; business management services; forklift trucks; and warehousing technology and supply chain solution services.Recommended StoriesGet a free copy of the StockNews.com research report on Weichai Power (WEICY)This Is What To Expect From The S&P 500 NowThe Two Things You Need To Know About Oracle’s FQ1 ReportThree Value Stocks For A Volatile Market3 Energy Stocks Nearing Breakouts From Cup-Shaped PatternsDo These Dividend Achievers Deserve A Place In Your Portfolio?

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