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

Sunny Optical Technology (Group) Company Limited (OTCMKTS:SNPTF) experienced a notable decrease in short interest during May, with 7,155,500 shares being shorted as of May 31st. This marks a 15.8% decline 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.

The stock price for Sunny Optical Technology opened at $5.85 on Friday. 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, as well as scientific instruments. The Optical Components segment of the company focuses on producing various types of lenses, including glass spherical and aspherical lenses, handset lens sets, vehicle lens sets, security surveillance lens sets, and other lens sets.

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