Short Interest in Skyworth Group Limited (OTCMKTS:SWDHF) Declines By 93.5%

Skyworth Group Limited (OTCMKTS:SWDHFGet Free Report) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 5,992 shares, a decline of 93.5% from the June 15th total of 92,675 shares. Based on an average daily trading volume, of 60 shares, the days-to-cover ratio is presently 99.9 days.

Skyworth Group Price Performance

SWDHF stock remained flat at $0.59 during midday trading on Friday. Skyworth Group has a 12 month low of $0.59 and a 12 month high of $0.92. The company has a fifty day moving average price of $0.79 and a two-hundred day moving average price of $0.69.

About Skyworth Group

(Get Free Report)

Skyworth Group Co, Ltd., traded in the United States OTC Market under the symbol SWDHF, is a China-based electronics manufacturer primarily known for its development and production of consumer electronics and household appliances. The company’s core business centers on the design, manufacturing and distribution of smart televisions, set-top boxes and digital home-entertainment products. In recent years, Skyworth has broadened its product range to include refrigerators, washing machines and other Internet of Things (IoT)–enabled home appliances, positioning itself as a vertically integrated player in the connected-home ecosystem.

Founded in Shenzhen in 1988, Skyworth began as a small television assembly operation and has grown into one of the largest TV producers in China.

Read More

Receive News & Ratings for Skyworth Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworth Group and related companies with MarketBeat.com's FREE daily email newsletter.