BOE Varitronix Limited (OTCMKTS:VARXF) Sees Significant Growth in Short Interest

BOE Varitronix Limited (OTCMKTS:VARXF) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 881,600 shares, an increase of 117.7% from the August 31st total of 405,000 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 8,816.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is currently 8,816.0 days.

BOE Varitronix Price Performance

VARXF opened at $0.71 on Friday. The company’s 50-day moving average is $0.79 and its 200 day moving average is $0.75. BOE Varitronix has a fifty-two week low of $0.67 and a fifty-two week high of $0.82.

About BOE Varitronix

BOE Varitronix Limited, an investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People’s Republic of China, Europe, the United States, Korea, and internationally. It primarily provides thin film transistor products. The company offers display products for use in automotive applications in digital instrument cluster display, center information display, HUD, rear view, and side view E-mirror products; and products for use in industrial applications, such as white goods, home automation, and other products.