TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Sees Significant Increase in Short Interest
by Amy Steele · The Cerbat GemTCL Electronics Holdings Limited (OTCMKTS:TCLHF – Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,403,875 shares, an increase of 284.1% from the March 31st total of 365,474 shares. Based on an average daily volume of 3,512 shares, the short-interest ratio is presently 399.7 days.
TCL Electronics Price Performance
Shares of OTCMKTS TCLHF opened at $1.81 on Friday. TCL Electronics has a 1 year low of $0.91 and a 1 year high of $2.03. The firm has a 50-day simple moving average of $1.64 and a two-hundred day simple moving average of $1.72.
About TCL Electronics
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.