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

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

Sunny Optical Technology (Group) Price Performance

SNPTF stock opened at $6.99 on Friday. The business has a 50 day moving average of $8.66 and a 200-day moving average of $8.02. Sunny Optical Technology has a 12-month low of $6.61 and a 12-month high of $11.62.

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.