BOE Varitronix Limited (OTCMKTS:VARXF) Sees Significant Decrease in Short Interest

BOE Varitronix Limited (OTCMKTS:VARXF) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 267,000 shares, a decline of 17.1% from the April 30th total of 322,000 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

BOE Varitronix Price Performance

OTCMKTS VARXF opened at $0.67 on Wednesday. BOE Varitronix has a 1-year low of $0.54 and a 1-year high of $0.80. The stock has a 50-day moving average of $0.71 and a 200-day moving average of $0.76.

About BOE Varitronix

BOE Varitronix Limited, an investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People’s Republic of China, Europe, the United States, Korea, and internationally. It primarily provides thin film transistor products. The company offers display products for use in automotive applications in digital instrument cluster display, center information display, HUD, rear view, and side view E-mirror products; and products for use in industrial applications, such as white goods, home automation, and other products.