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

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 2,000 shares, a decline 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 Up 2.2 %

OTCMKTS:HNHPF traded up $0.20 during mid-day trading on Friday, hitting $9.52. 48,015 shares of the company’s stock were exchanged, compared to its average volume of 61,199. The company has a 50 day simple moving average of $8.20 and a 200-day simple moving average of $6.97. Hon Hai Precision Industry has a fifty-two week low of $5.64 and a fifty-two week high of $9.90.

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.