Decline in Short Interest for Sunny Optical Technology Group

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) experienced a notable decline in short interest during May, with 7,155,500 shares being shorted as of May 31st. This marks a 15.8% decrease from the total of 8,494,400 shares that were shorted on May 15th. With an average daily trading volume of 2,800 shares, the current short-interest ratio is 2,555.5 days.

On Friday, the stock price for Sunny Optical Technology opened at $5.85. The company has a fifty-two week low of $4.54 and a fifty-two week high of $10.50. Currently, it has a fifty-day moving average of $5.21 and a two-hundred day moving average of $6.56.

Sunny Optical Technology (Group) Company Limited is involved in the design, research, development, manufacturing, and sale of optical and optical-related products