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 increase in short interest during the month of December. As of December 31st, there was short interest totaling 6,859,646 shares, an increase of 41.9% from the December 15th total of 4,835,136 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 73 shares, the short-interest ratio is presently 93,967.8 days. Based on an average daily volume of 73 shares, the short-interest ratio is presently 93,967.8 days. Currently, 0.6% of the company’s shares are sold short.

Sunny Optical Technology (Group) Stock Performance

SNPTF remained flat at $8.76 on Friday. Sunny Optical Technology has a 12-month low of $6.95 and a 12-month high of $11.75. The company’s 50 day moving average is $8.61 and its 200 day moving average is $9.48.

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.