BOE Varitronix Limited (OTCMKTS:VARXF) Short Interest Down 18.2% in March

BOE Varitronix Limited (OTCMKTS:VARXF) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 890,014 shares, a decline of 18.2% from the March 15th total of 1,088,039 shares. Based on an average daily volume of 1,817 shares, the days-to-cover ratio is presently 489.8 days.

BOE Varitronix Price Performance

Shares of VARXF opened at $0.54 on Thursday. BOE Varitronix has a twelve month low of $0.52 and a twelve month high of $0.82. The stock’s 50 day moving average is $0.62 and its two-hundred day moving average is $0.65.

About BOE Varitronix

BOE Varitronix International Limited (OTCMKTS: VARXF) is a Hong Kong–based designer and manufacturer of liquid crystal display (LCD) modules and related hardware. Originally operating as Varitronix International, the company now forms part of BOE Technology Group, a global leader in display solutions. BOE Varitronix applies decades of expertise in display engineering to deliver both custom and standard modules for diverse electronic applications.

The company’s product lineup spans passive-matrix STN and FSTN LCD modules, graphic display modules, TFT-LCD panels and passive-matrix OLED (PMOLED) modules.