TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Sees Large Growth in Short Interest

TCL Electronics Holdings Limited (OTCMKTS:TCLHFGet Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 306,100 shares, an increase of 1,065.0% from the May 14th total of 26,274 shares. Based on an average daily volume of 4,312 shares, the days-to-cover ratio is presently 71.0 days.

TCL Electronics Price Performance

Shares of TCL Electronics stock remained flat at $1.74 during trading hours on Wednesday. The stock had a trading volume of 2,400 shares, compared to its average volume of 4,162. TCL Electronics has a 52 week low of $1.07 and a 52 week high of $2.20. The business’s 50-day simple moving average is $1.89 and its 200 day simple moving average is $1.86.

About TCL Electronics

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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.

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