Skyworth Group Limited (OTCMKTS:SWDHF – Get Free Report) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 5,992 shares, a drop of 93.5% from the June 15th total of 92,675 shares. Based on an average daily trading volume, of 60 shares, the days-to-cover ratio is currently 99.9 days.
Skyworth Group Stock Performance
SWDHF remained flat at $0.59 during midday trading on Friday. The firm’s fifty day moving average is $0.79 and its 200 day moving average is $0.69. Skyworth Group has a 52-week low of $0.59 and a 52-week high of $0.92.
Skyworth Group Company Profile
Skyworth Group Co, Ltd., traded in the United States OTC Market under the symbol SWDHF, is a China-based electronics manufacturer primarily known for its development and production of consumer electronics and household appliances. The company’s core business centers on the design, manufacturing and distribution of smart televisions, set-top boxes and digital home-entertainment products. In recent years, Skyworth has broadened its product range to include refrigerators, washing machines and other Internet of Things (IoT)–enabled home appliances, positioning itself as a vertically integrated player in the connected-home ecosystem.
Founded in Shenzhen in 1988, Skyworth began as a small television assembly operation and has grown into one of the largest TV producers in China.
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