Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) Shares Shorted: Short Interest Down 58.5% in September

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 999,538 shares, a drop of 58.5% from the August 31st total of 2,406,177 shares. Based on an average daily volume of 1,280 shares, the days-to-cover ratio is currently 780.9 days. Approximately 0.1% of the company’s stock are short sold.

Sunny Optical Technology (Group) Stock Performance

OTCMKTS SNPTF opened at $8.69 on Wednesday. Sunny Optical Technology has a 52 week low of $6.61 and a 52 week high of $11.62. The stock’s 50 day moving average price is $7.66 and its two-hundred day moving average price is $7.89.

Sunny Optical Technology (Group) Company Profile

Sunny Optical Technology (Group) Co, Ltd. is a China-based manufacturer of optical and optoelectronic products. The company develops and produces optical components, optical lenses, camera modules and related imaging products for applications in consumer electronics, automobiles, industrial equipment and other technology markets.

Its product portfolio includes handset lens sets and camera modules, vehicle lenses and camera systems, security and imaging components, and optical instruments.