Skyworth Group Limited (OTCMKTS:SWDHF) Sees Significant Drop in Short Interest

Skyworth Group Limited (OTCMKTS:SWDHF) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 434,000 shares, a drop of 32.4% from the February 28th total of 642,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Skyworth Group Stock Performance

SWDHF opened at $0.42 on Friday. The firm’s 50-day moving average price is $0.42 and its 200-day moving average price is $0.41. Skyworth Group has a 52-week low of $0.29 and a 52-week high of $0.42.

Skyworth Group Company Profile

Skyworth Group Limited, an investment holding company, researches and develops, manufactures, sells, trades, and exports consumer electronic products. It operates through Smart Household Appliances Business, Smart Systems Technology Business, and New Energy Business segments. The company offers smart TV systems; home access systems, such as digital set-top boxes; smart white appliances, including air conditioners, refrigerators, washing machines, kitchen appliances, tablet computer, and other products; LCD modules; automotive electronic systems; photovoltaic products; lighting products; security systems; and other electronic products, as well as internet value-added services.