Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) Short Interest Down 19.7% in March

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 3,077,700 shares, a decrease of 19.7% from the March 15th total of 3,830,700 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 100 shares, the short-interest ratio is currently 30,777.0 days.

Sunny Optical Technology (Group) Stock Performance

OTCMKTS:SNPTF remained flat at $6.95 during mid-day trading on Tuesday. The business’s 50 day moving average is $10.30 and its 200-day moving average is $8.65. The company has a quick ratio of 1.51, a current ratio of 1.76 and a debt-to-equity ratio of 0.20. Sunny Optical Technology has a 52-week low of $4.54 and a 52-week high of $11.75.

Sunny Optical Technology (Group) Company Profile

Sunny Optical Technology (Group) Company Limited, an investment holding company, engages in designing, researching, developing, manufacturing, and selling optical and optical related products, and scientific instruments. The company's Optical Components segment offers glass spherical and aspherical lenses, handset lens sets, vehicle lens sets, security surveillance lens sets, and other lens sets.