Shorts On Watch: Is Buying Bonso Electronics International (NASDAQ:BNSO), Having Lower Short Interest a Winning Strategy?

November 28, 2016 - By Marie Mckinney   ·   0 Comments

Shorts On Watch: Is Buying Bonso Electronics International (NASDAQ:BNSO), Having Lower Short Interest a Winning Strategy?

The stock of Bonso Electronics International (NASDAQ:BNSO) registered a decrease of 10.61% in short interest. BNSO’s total short interest was 216,600 shares in November as published by FINRA. Its down 10.61% from 242,300 shares, reported previously. With 85,400 shares average volume, it will take short sellers 3 days to cover their BNSO’s short positions. The short interest to Bonso Electronics International’s float is 15.76%. The stock decreased 0.92% or $0.02 on November 25, hitting $2.15. Bonso Electronics International Inc. (NASDAQ:BNSO) has risen 44.30% since April 25, 2016 and is uptrending. It has outperformed by 38.28% the S&P500.

Bonso Electronics International Inc

BNSO Company Profile

Bonso Electronics International Inc., incorporated on August 8, 1988, designs, develops, produces and sells electronic sensor and wireless products for private label original equipment manufacturers (OEMs), original brand manufacturers (OBMs) and original design manufacturers (ODMs). The Firm operates through three divisions: Scales, Pet Electronics Products and Others. The Scales segment is engaged in the production and marketing of sensor scales products. These include office, jewelry, laboratory, postal and industrial scales that are used in consumer, commercial and industrial applications. The Pet Electronics Products segment is involved in the development and production of pet-related electronics products that are used in consumer applications. The Others segment is a residual, which includes the activities of tooling and mold charges for scales and pet electronics products, and sales of scrap materials.

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By Marie Mckinney


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