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

TCL Electronics Holdings Limited (OTCMKTS:TCLHF) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 306,100 shares, a growth of 1,065.0% from the May 14th total of 26,274 shares. Based on an average trading volume of 4,312 shares, the days-to-cover ratio is currently 71.0 days.

TCL Electronics Price Performance

Shares of TCLHF traded down $0.11 during mid-day trading on Tuesday, hitting $1.74. The company had a trading volume of 2,400 shares, compared to its average volume of 4,162. The business’s 50-day simple moving average is $1.89 and its 200-day simple moving average is $1.86. TCL Electronics has a 1-year low of $1.07 and a 1-year high of $2.20.

TCL Electronics Company Profile

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.