TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Sees Significant Drop in Short Interest

TCL Electronics Holdings Limited (OTCMKTS:TCLHF) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 36,302 shares, a decline of 76.1% from the February 12th total of 151,846 shares. Based on an average trading volume of 4,224 shares, the days-to-cover ratio is currently 8.6 days. Based on an average trading volume of 4,224 shares, the days-to-cover ratio is currently 8.6 days.

TCL Electronics Price Performance

TCLHF remained flat at $1.55 during trading hours on Tuesday. The company had a trading volume of 4,387 shares, compared to its average volume of 6,297. The stock has a 50 day simple moving average of $1.51 and a 200-day simple moving average of $1.63. TCL Electronics has a 52-week low of $0.84 and a 52-week high of $1.83.

TCL Electronics Company Profile

TCL Electronics (OTCMKTS:TCLHF) is a subsidiary of TCL Technology Group, headquartered in Huizhou, Guangdong, China. Established in 1981, the company has grown into one of the world’s leading manufacturers of consumer electronics. Its core operations encompass the research, development, design and production of television sets, mobile devices and smart home appliances.

The company’s product portfolio features a broad range of flat-panel televisions, including LED, QLED and Mini-LED models under the TCL brand.