Bitauto Holdings Limited American Depositary Share (NYSE:BITA) had a decrease of its shorted shares by 4.26%. FINRA issued shorted shares of BITA’s total 9.94 million shares. Previously was reported down change of 4.26% from 10.38 million shares. With Average volume 864,100, BITA’s previous position will take 12 days to recover. Bitauto Holdings Limited American Depositary Share’s shorted shares float is 61.82%.
Ticker’s shares touched $18.55 during the last trading session after 0.96% change.Currently Bitauto Holdings Limited is downtrending after 38.86% change in last February 26, 2018. BITA has also 560,005 shares volume. BITA underperformed the S&P500 by 38.86%.
Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the PeopleÂ’s Republic of China.The company has $1.33 billion market cap. The firm operates in three divisions: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business.Currently it has negative earnings. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications.
For more Bitauto Holdings Limited (NYSE:BITA) news released recently go to: Fool.com, Globenewswire.com, , Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Why Shares of BitAuto Holdings Are Surging Today – The Motley Fool” released on June 13, 2018, “Research Report Identifies NRG Energy, Hudson, LyondellBasell Industries NV, Bitauto, Mammoth Energy Services, and Teledyne Technologies with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” on February 15, 2019, “Wall Street Has Given Up on These 3 Stocks, and That’s a Huge Mistake – Yahoo News” with a publish date: November 02, 2018, “Bitauto: Caveat Emptor – Seeking Alpha” and the last “Bitauto +3.7% as Q3 gains buck slowdown in Chinese vehicle sales – Seeking Alpha” with publication date: November 28, 2018.
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