Skyworth Group Limited (OTCMKTS:SWDHF – Get Free Report) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,992 shares, a decline of 93.5% from the June 15th total of 92,675 shares. Based on an average trading volume of 60 shares, the days-to-cover ratio is presently 99.9 days.
Skyworth Group Stock Performance
Shares of SWDHF remained flat at $0.59 during trading hours on Friday. The firm has a 50 day simple moving average of $0.78 and a 200 day simple moving average of $0.69. Skyworth Group has a 1-year low of $0.59 and a 1-year high of $0.92.
Skyworth Group Company Profile
Skyworth Group Co, Ltd., traded in the United States OTC Market under the symbol SWDHF, is a China-based electronics manufacturer primarily known for its development and production of consumer electronics and household appliances. The company’s core business centers on the design, manufacturing and distribution of smart televisions, set-top boxes and digital home-entertainment products. In recent years, Skyworth has broadened its product range to include refrigerators, washing machines and other Internet of Things (IoT)–enabled home appliances, positioning itself as a vertically integrated player in the connected-home ecosystem.
Founded in Shenzhen in 1988, Skyworth began as a small television assembly operation and has grown into one of the largest TV producers in China.
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