Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Sees Significant Increase in Short Interest

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 418,700 shares, an increase of 1,609.0% from the September 30th total of 24,500 shares. Based on an average trading volume of 125,300 shares, the short-interest ratio is currently 3.3 days.

Hon Hai Precision Industry Stock Performance

HNHPF opened at $13.25 on Friday. Hon Hai Precision Industry has a one year low of $5.64 and a one year high of $14.16. The company has a fifty day moving average price of $11.75 and a 200-day moving average price of $11.34.

About Hon Hai Precision Industry

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.