Short Interest in Skyworth Group Limited (OTCMKTS:SWDHF) Increases By 40.7%

Skyworth Group Limited (OTCMKTS:SWDHF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,238,000 shares, an increase of 40.7% from the January 15th total of 880,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Skyworth Group Price Performance

OTCMKTS:SWDHF opened at $0.42 on Friday. The stock’s 50 day simple moving average is $0.42 and its 200-day simple moving average is $0.39. Skyworth Group has a 12-month low of $0.29 and a 12-month 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.