Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 7,538,974 shares, an increase of 177.7% from the June 30th total of 2,715,074 shares. Based on an average daily volume of 35 shares, the days-to-cover ratio is currently 215,399.3 days. Approximately 0.7% of the shares of the company are short sold.
Sunny Optical Technology (Group) Price Performance
Shares of SNPTF opened at $6.99 on Monday. The business’s 50-day moving average is $8.56 and its two-hundred day moving average is $7.95. Sunny Optical Technology has a fifty-two week low of $6.61 and a fifty-two week 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.
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