Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Short Interest Down 99.6% in April

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 2,000 shares, a decrease of 99.6% from the March 31st total of 466,000 shares. Based on an average daily volume of 150,000 shares, the days-to-cover ratio is currently 0.0 days.

Hon Hai Precision Industry Stock Performance

HNHPF traded up $0.20 during midday trading on Friday, reaching $9.52. 48,015 shares of the company were exchanged, compared to its average volume of 59,927. Hon Hai Precision Industry has a one year low of $5.64 and a one year high of $9.90. The company’s fifty day moving average price is $8.20 and its 200 day moving average price is $6.97.

Hon Hai Precision Industry Company Profile

Hon Hai Precision Industry Co, Ltd. provides electronic OEM services. The company offers consumer electronics comprising of television sets, game consoles, set-top boxes, and speakers. It also provides cloud networking products consisting of routers, servers, edge computing, data centers, and satellite communications and other related equipment.