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

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

Sunny Optical Technology (Group) Stock Performance

Shares of OTCMKTS:SNPTF remained flat at $6.95 during mid-day trading on Friday. The company has a current ratio of 1.76, a quick ratio of 1.51 and a debt-to-equity ratio of 0.20. Sunny Optical Technology has a 1-year low of $4.54 and a 1-year high of $11.75. The business’s 50-day moving average is $10.37 and its 200 day moving average is $8.64.

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.