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

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,859,366 shares, a decline of 40.5% from the April 15th total of 3,123,829 shares. Based on an average daily volume of 55 shares, the days-to-cover ratio is presently 33,806.7 days. Approximately 0.2% of the company’s stock are short sold.

Sunny Optical Technology (Group) Stock Performance

Sunny Optical Technology (Group) stock opened at $7.75 on Friday. Sunny Optical Technology has a fifty-two week low of $6.61 and a fifty-two week high of $11.63. The firm’s 50-day simple moving average is $7.29 and its 200 day simple moving average is $8.09.

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.