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

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

Hon Hai Precision Industry Stock Performance

OTCMKTS HNHPF traded up $0.20 during trading hours on Friday, reaching $9.52. The company’s stock had a trading volume of 48,015 shares, compared to its average volume of 59,927. The business 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 52 week low of $5.64 and a 52 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.