Stock Short Interest Filing: Can Sorl Auto Parts Incorporated (NASDAQ:SORL)’s Tomorrow be Different? The Stock Had Increase in Shorts

November 16, 2016 - By Linda Rogers   ·   0 Comments

Stock Short Interest Filing: Can Sorl Auto Parts Incorporated (NASDAQ:SORL)’s Tomorrow be Different? The Stock Had Increase in Shorts

The stock of Sorl Auto Parts Incorporated (NASDAQ:SORL) registered an increase of 3388.31% in short interest. SORL’s total short interest was 268,600 shares in November as published by FINRA. Its up 3388.31% from 7,700 shares, reported previously. With 652,600 shares average volume, it will take short sellers 0 days to cover their SORL’s short positions. The short interest to Sorl Auto Parts Incorporated’s float is 3.38%. About 51,654 shares traded hands. Sorl Auto Parts, Inc. (NASDAQ:SORL) has risen 134.12% since April 14, 2016 and is uptrending. It has outperformed by 129.43% the S&P500.

SORL Auto Parts, Inc., through its interests in the Ruili Group Ruian Auto Parts Co., Ltd., a Sino-foreign joint venture , develops, makes and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers (OEMs), and the related aftermarket both in China and abroad. The company has a market cap of $76.27 million. The Firm operates through two divisions: Commercial Vehicle Brake Systems and Passenger Vehicle Brake Systems. It has a 4.66 P/E ratio. The Company’s products are principally used in different types of commercial vehicles, such as trucks and buses, and include a range of products covering approximately 65 categories and over 2,000 specifications in automotive brake systems.

SORL Company Profile

SORL Auto Parts, Inc., incorporated on March 24, 1982, through its interests in the Ruili Group Ruian Auto Parts Co., Ltd., a Sino-foreign joint venture (Joint Venture), develops, makes and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers (OEMs), and the related aftermarket both in China and abroad. The Firm operates through two divisions: Commercial Vehicle Brake Systems and Passenger Vehicle Brake Systems.

More notable recent Sorl Auto Parts, Inc. (NASDAQ:SORL) news were published by: Nasdaq.com which released: “SORL Auto Parts Inc. Reports 58% Advance In Q3 Earnings” on November 14, 2016, also Marketwatch.com with their article: “SORL Auto Parts Inc.” published on October 13, 2010, Quotes.Wsj.com published: “News SORL Auto Parts Inc.SORL” on February 11, 2011. More interesting news about Sorl Auto Parts, Inc. (NASDAQ:SORL) were released by: Prnewswire.com and their article: “SORL Auto Parts Reports 24% Sales Increase and Higher Earnings in the 2016 …” published on August 15, 2016 as well as Prnewswire.com‘s news article titled: “SORL Auto Parts Announces Withdrawal of Non-Binding Going Private Proposal” with publication date: January 08, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Linda Rogers


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>