Short Interest in TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Drops By 73.1%

TCL Electronics Holdings Limited (OTCMKTS:TCLHFGet Free Report) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 82,374 shares, a drop of 73.1% from the May 31st total of 306,100 shares. Based on an average daily volume of 3,497 shares, the days-to-cover ratio is currently 23.6 days.

TCL Electronics Price Performance

TCL Electronics stock opened at $1.75 on Friday. The company has a fifty day simple moving average of $1.88 and a 200-day simple moving average of $1.64. TCL Electronics has a 12-month low of $1.07 and a 12-month high of $2.20.

TCL Electronics Company Profile

(Get Free Report)

TCL Electronics (OTCMKTS:TCLHF) is a subsidiary of TCL Technology Group, headquartered in Huizhou, Guangdong, China. Established in 1981, the company has grown into one of the world’s leading manufacturers of consumer electronics. Its core operations encompass the research, development, design and production of television sets, mobile devices and smart home appliances.

The company’s product portfolio features a broad range of flat-panel televisions, including LED, QLED and Mini-LED models under the TCL brand.

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