TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Sees Large Drop in Short Interest

TCL Electronics Holdings Limited (OTCMKTS:TCLHFGet Free Report) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 36,302 shares, a drop of 76.1% from the February 12th total of 151,846 shares. Based on an average daily trading volume, of 4,224 shares, the short-interest ratio is presently 8.6 days. Based on an average daily trading volume, of 4,224 shares, the short-interest ratio is presently 8.6 days.

TCL Electronics Stock Performance

Shares of OTCMKTS TCLHF opened at $1.55 on Wednesday. The firm has a 50 day moving average price of $1.52 and a two-hundred day moving average price of $1.64. TCL Electronics has a 52-week low of $0.84 and a 52-week high of $1.83.

TCL Electronics Company Profile

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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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