FIH Mobile Limited (OTCMKTS:FXCNY) Stock Short Interest Drops 59.5%

FIH Mobile Limited (OTCMKTS:FXCNY) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totaling 257 shares, a decrease of 59.5% from the September 30th total of 635 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 114 shares, the short-interest ratio is presently 2.3 days.

FIH Mobile Stock Performance

FXCNY stock remained flat at $16.47 during midday trading on Friday. 10 shares of the company’s stock traded hands, compared to its average volume of 31. FIH Mobile has a 12-month low of $16.47 and a 12-month high of $22.14. The business has a 50-day moving average price of $19.30 and a 200-day moving average price of $27.13.

FIH Mobile Company Profile

FIH Mobile Limited is a Hong Kong-based provider of mobile-device design and manufacturing services. The company develops and assembles smartphones and other wireless communication products for global technology and consumer-electronics brands, supporting activities such as product engineering, component sourcing, manufacturing, testing, and after-sales services.

FIH Mobile is part of Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, and operates within Foxconn’s broader electronics manufacturing network.