Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) Short Interest Update

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 999,538 shares, a drop of 58.5% from the August 31st total of 2,406,177 shares. Based on an average trading volume of 1,280 shares, the days-to-cover ratio is presently 780.9 days. Currently, 0.1% of the company’s shares are short sold.

Sunny Optical Technology (Group) Stock Performance

SNPTF stock remained flat at $8.69 during trading on Tuesday. The firm has a fifty day moving average price of $7.63 and a 200-day moving average price of $7.88. Sunny Optical Technology has a 12-month low of $6.61 and a 12-month high of $11.62.

Sunny Optical Technology (Group) Company Profile

Sunny Optical Technology (Group) Co, Ltd. is a China-based manufacturer of optical and optoelectronic components and products. The company develops and produces lens sets, camera modules and other imaging components used in mobile devices, automobiles, security systems, industrial equipment and consumer electronics.

Its product portfolio also includes optical instruments and related solutions for applications such as microscopes, telescopes, measuring equipment, augmented and virtual reality devices, and other specialized imaging systems.