Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) Sees Significant Increase in Short Interest

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 4,835,136 shares, an increase of 74.0% from the November 30th total of 2,779,127 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,491 shares, the days-to-cover ratio is presently 3,242.9 days. Based on an average daily volume of 1,491 shares, the days-to-cover ratio is presently 3,242.9 days. Approximately 0.4% of the company’s shares are short sold.

Sunny Optical Technology (Group) Stock Performance

Shares of SNPTF remained flat at $8.76 during trading hours on Friday. Sunny Optical Technology has a fifty-two week low of $6.95 and a fifty-two week high of $11.75. The business’s 50 day moving average is $9.20 and its 200-day moving average is $9.41.

Sunny Optical Technology (Group) Company Profile

Sunny Optical Technology (Group) Co, Ltd. is a China-based designer and manufacturer of precision optical components and optoelectronic products. The company’s core business encompasses the development, production and sale of lenses, lens modules, prisms and other precision optical devices that serve a variety of end markets. Sunny Optical’s solutions are integrated into smartphones, digital cameras, surveillance systems, automotive vision equipment and emerging augmented reality/virtual reality (AR/VR) applications.

Product offerings include multi-element smartphone camera lenses and modules with autofocus, zoom and wide-angle capabilities, as well as specialized optics for automotive advanced driver-assistance systems (ADAS), machine vision, medical endoscopy and other industrial imaging uses.