Short Interest in Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) Rises By 54.5%

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 12,048,929 shares, a growth of 54.5% from the January 29th total of 7,797,029 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days. Approximately 1.1% of the company’s shares are short sold. Approximately 1.1% of the company’s shares are short sold. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Sunny Optical Technology (Group) Price Performance

SNPTF opened at $7.75 on Friday. Sunny Optical Technology has a 52-week low of $6.95 and a 52-week high of $11.75. The company has a 50 day moving average of $8.23 and a two-hundred day moving average of $9.26. The company has a current ratio of 1.63, a quick ratio of 1.40 and a debt-to-equity ratio of 0.12.

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.