BOE Varitronix Limited (OTCMKTS:VARXF) Sees Large Decline in Short Interest

BOE Varitronix Limited (OTCMKTS:VARXF) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 1,067,000 shares, a drop of 13.0% from the February 12th total of 1,227,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

BOE Varitronix Stock Performance

OTCMKTS VARXF opened at $0.61 on Thursday. BOE Varitronix has a 12-month low of $0.61 and a 12-month high of $0.82. The company has a 50 day moving average price of $0.66 and a two-hundred day moving average price of $0.69.

About BOE Varitronix

BOE Varitronix International Limited (OTCMKTS: VARXF) is a Hong Kong–based designer and manufacturer of liquid crystal display (LCD) modules and related hardware. Originally operating as Varitronix International, the company now forms part of BOE Technology Group, a global leader in display solutions. BOE Varitronix applies decades of expertise in display engineering to deliver both custom and standard modules for diverse electronic applications.

The company’s product lineup spans passive-matrix STN and FSTN LCD modules, graphic display modules, TFT-LCD panels and passive-matrix OLED (PMOLED) modules.