Short Interest in Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Rises By 8.0%

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 466,000 shares, an increase of 8.0% from the March 15th total of 431,400 shares. Based on an average daily trading volume, of 219,200 shares, the short-interest ratio is currently 2.1 days.

Hon Hai Precision Industry Stock Performance

Shares of Hon Hai Precision Industry stock traded up $0.02 during trading hours on Tuesday, reaching $8.57. The stock had a trading volume of 71,156 shares, compared to its average volume of 63,025. The firm has a 50 day simple moving average of $7.79 and a two-hundred day simple moving average of $6.83. Hon Hai Precision Industry has a 1 year low of $5.64 and a 1 year 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.