Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) Short Interest Down 76.3% in December

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 3,872 shares, a drop of 76.3% from the December 15th total of 16,372 shares. Based on an average daily volume of 64,907 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 64,907 shares, the short-interest ratio is currently 0.1 days.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Stock Performance

Shares of Hon Hai Precision Industry Co., Ltd. Sponsored GDR stock traded up $0.24 during midday trading on Thursday, hitting $14.85. The company had a trading volume of 59,628 shares, compared to its average volume of 46,073. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a 52-week low of $6.75 and a 52-week high of $17.50. The company has a 50 day moving average of $14.73 and a 200 day moving average of $13.92.

About Hon Hai Precision Industry Co., Ltd. Sponsored GDR

Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, is a leading global electronics contract manufacturer and technology solutions provider. The company specializes in the design, development and assembly of a wide range of electronic products, including smartphones, tablets, personal computers, servers and networking equipment. Alongside its core manufacturing services, Hon Hai offers turnkey production capabilities, encompassing engineering, supply chain management and after-sales support for original equipment manufacturers (OEMs) and brand owners.

Founded in 1974 by Terry Gou and headquartered in Tucheng District, New Taipei City, Taiwan, Hon Hai has grown from a single factory operation into one of the world’s largest private employers.