Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) Short Interest Update

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 7,538,974 shares, a growth of 177.7% from the June 30th total of 2,715,074 shares. Based on an average daily volume of 35 shares, the short-interest ratio is currently 215,399.3 days. Approximately 0.7% of the company’s stock are short sold.

Sunny Optical Technology (Group) Stock Performance

Shares of Sunny Optical Technology (Group) stock opened at $6.99 on Tuesday. Sunny Optical Technology has a 52-week low of $6.61 and a 52-week high of $11.62. The stock has a 50-day simple moving average of $8.54 and a 200-day simple moving average of $7.94.

About Sunny Optical Technology (Group)

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.