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

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 2,715,074 shares, a growth of 88.5% from the June 15th total of 1,440,111 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Sunny Optical Technology (Group) Stock Performance

SNPTF stock opened at $6.99 on Thursday. Sunny Optical Technology has a twelve month low of $6.61 and a twelve month high of $11.62. The stock’s 50 day moving average is $8.68 and its 200-day moving average is $8.04.

About Sunny Optical Technology (Group)

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.