Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF – Get Free Report) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 1,759,215 shares, a decline of 76.7% from the July 15th total of 7,538,974 shares. Based on an average daily volume of 28,767 shares, the days-to-cover ratio is presently 61.2 days. Currently, 0.2% of the company’s stock are short sold.
Sunny Optical Technology (Group) Price Performance
SNPTF stock opened at $6.99 on Thursday. Sunny Optical Technology has a twelve month low of $6.61 and a twelve month high of $11.62. The business has a 50 day moving average of $8.36 and a 200 day moving average of $7.79.
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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