TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Sees Significant Growth in Short Interest

by · The Cerbat Gem

TCL Electronics Holdings Limited (OTCMKTS:TCLHF – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 306,100 shares, an increase of 1,065.0% from the May 14th total of 26,274 shares. Based on an average daily trading volume, of 4,312 shares, the short-interest ratio is presently 71.0 days.

TCL Electronics Stock Down 5.9%

Shares of OTCMKTS:TCLHF traded down $0.11 during midday trading on Tuesday, reaching $1.74. The company had a trading volume of 2,400 shares, compared to its average volume of 4,162. TCL Electronics has a one year low of $1.07 and a one year high of $2.20. The stock’s fifty day moving average price is $1.89 and its 200-day moving average price is $1.86.

About TCL Electronics

(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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