TCL Electronics Holdings Limited (OTCMKTS:TCLHF) Sees Significant Decline in Short Interest

TCL Electronics Holdings Limited (OTCMKTS:TCLHFGet Free Report) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 30,386 shares, a drop of 63.1% from the June 15th total of 82,374 shares. Based on an average daily trading volume, of 5,804 shares, the short-interest ratio is presently 5.2 days.

TCL Electronics Stock Performance

TCLHF opened at $1.77 on Wednesday. TCL Electronics has a twelve month low of $1.07 and a twelve month high of $2.20. The company’s 50-day moving average price is $1.87 and its two-hundred day moving average price is $1.69.

About TCL Electronics

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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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