TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Sees Large Drop in Short Interest

TCL Electronics Holdings Limited (OTCMKTS:TCLHFGet Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 82,374 shares, a drop of 73.1% from the May 31st total of 306,100 shares. Based on an average trading volume of 3,497 shares, the days-to-cover ratio is presently 23.6 days.

TCL Electronics Stock Performance

Shares of TCLHF stock opened at $1.75 on Friday. TCL Electronics has a 1 year low of $1.07 and a 1 year high of $2.20. The firm’s 50 day moving average is $1.88 and its 200-day moving average is $1.64.

About TCL Electronics

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TCL Electronics (OTCMKTS:TCLHF) is a subsidiary of TCL Technology Group, headquartered in Huizhou, Guangdong, China. Established in 1981, the company has grown into one of the world’s leading manufacturers of consumer electronics. Its core operations encompass the research, development, design and production of television sets, mobile devices and smart home appliances.

The company’s product portfolio features a broad range of flat-panel televisions, including LED, QLED and Mini-LED models under the TCL brand.

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