Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) Short Interest Down 40.5% in April

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

Sunny Optical Technology (Group) Price Performance

SNPTF remained flat at $7.75 during midday trading on Monday. The stock has a fifty day moving average of $7.29 and a 200 day moving average of $8.08. Sunny Optical Technology has a 1-year low of $6.61 and a 1-year high of $11.63.

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.