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

Key Points

• Short interest surged 99.9% in March to 3,358,929 shares for OTCMKTS:SNPTF, producing a very high short‑interest ratio of 212.8 days based on a 15,783 average daily volume and about 0.3% of shares shorted.
• Price and business snapshot: SNPTF opened at $7.66 (50‑day SMA $7.24, 200‑day SMA $8.63, 52‑week range $6.61–$11.63); Sunny Optical is a China‑based designer and manufacturer of precision optical components and modules for smartphones, automotive ADAS, surveillance and AR/VR applications.

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF - Get Free Report) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totaling 3,358,929 shares, an increase of 99.9% from the March 15th total of 1,680,329 shares. Based on an average daily volume of 15,783 shares, the short-interest ratio is presently 212.8 days. Approximately 0.3% of the company's stock are short sold.

Sunny Optical Technology (Group) Price Performance

OTCMKTS SNPTF opened at $7.66 on Friday. The company's fifty day simple moving average is $7.24 and its 200-day simple moving average is $8.63. Sunny Optical Technology has a 52 week low of $6.61 and a 52 week high of $11.63.

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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