Does TCL MULTIMEDIA TECHNOLOGY HOLDINGS LTD. (OTCMKTS:TCLHF) Have Gas After Even More Sellers Involved?

April 16, 2018 - By Ellis Scott

The stock of TCL MULTIMEDIA TECHNOLOGY HOLDINGS LTD. (OTCMKTS:TCLHF) registered an increase of 900% in short interest. TCLHF’s total short interest was 99,000 shares in April as published by FINRA. Its up 900% from 9,900 shares, reported previously. With 16,800 shares average volume, it will take short sellers 6 days to cover their TCLHF’s short positions. The short interest to TCL MULTIMEDIA TECHNOLOGY HOLDINGS LTD.’s float is 0.25%.

It closed at $0.48 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

TCL Multimedia Technology Holdings Limited, an investment holding company, makes, distributes, and sells colour television sets in the PeopleÂ’s Republic of China, Europe, North America, and internationally. The company has market cap of $1.08 billion. It operates through Television and Others divisions. It has a 26.67 P/E ratio. The firm offers 3D and LED TVs, ice screens, and accessories; and DVD players, dockings, and sound bars.

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