BOE Varitronix Limited (OTCMKTS:VARXF) Sees Significant Drop in Short Interest

BOE Varitronix Limited (OTCMKTS:VARXF) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 454,000 shares, a decline of 44.8% from the May 31st total of 822,000 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

BOE Varitronix Stock Performance

Shares of OTCMKTS:VARXF opened at $0.63 on Wednesday. BOE Varitronix has a 52-week low of $0.51 and a 52-week high of $0.82. The company has a fifty day moving average of $0.60 and a 200-day moving average of $0.62.

BOE Varitronix Company Profile

BOE Varitronix International Limited (OTCMKTS: VARXF) is a Hong Kong–based designer and manufacturer of liquid crystal display (LCD) modules and related hardware. Originally operating as Varitronix International, the company now forms part of BOE Technology Group, a global leader in display solutions. BOE Varitronix applies decades of expertise in display engineering to deliver both custom and standard modules for diverse electronic applications.

The company’s product lineup spans passive-matrix STN and FSTN LCD modules, graphic display modules, TFT-LCD panels and passive-matrix OLED (PMOLED) modules.