Is Buying TCL MULTIMEDIA TECHNOLOGY HOLDINGS LTD. (OTCMKTS:TCLHF), Having Lower Short Interest a Winning Strategy?

September 30, 2018 - By Margaret Guttierez

The stock of TCL MULTIMEDIA TECHNOLOGY HOLDINGS LTD. (OTCMKTS:TCLHF) registered a decrease of 3.82% in short interest. TCLHF’s total short interest was 1.01M shares in September as published by FINRA. Its down 3.82% from 1.05M shares, reported previously. With 1,200 shares average volume, it will take short sellers 842 days to cover their TCLHF’s short positions.

It closed at $0.49 lastly. It is down 0.00% since September 30, 2017 and is . It has underperformed by 15.62% 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 $1.09 billion. It operates through Television and Others divisions. It has a 6.2 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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