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

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) was the recipient of a significant drop in short interest during 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 trading volume, of 55 shares, the days-to-cover ratio is currently 33,806.7 days.

Sunny Optical Technology (Group) Stock Performance

Shares of OTCMKTS SNPTF opened at $7.75 on Friday. The company has a 50-day moving average price of $7.29 and a 200-day moving average price of $8.09. 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.