Short Interest in FIT Hon Teng Limited (OTCMKTS:FITGF) Drops By 10.2%

FIT Hon Teng Limited (OTCMKTS:FITGF) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 1,397,500 shares, a decrease of 10.2% from the August 15th total of 1,555,500 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 310.6 days.

FIT Hon Teng Stock Performance

Shares of OTCMKTS FITGF opened at $0.25 on Thursday. The company’s 50 day simple moving average is $0.31 and its 200 day simple moving average is $0.29. FIT Hon Teng has a fifty-two week low of $0.11 and a fifty-two week high of $0.48.

About FIT Hon Teng

FIT Hon Teng Limited develops, produces, and sells interconnect solutions and related products in Taiwan, the United States, the People's Republic of China, Hong Kong, the United Kingdom, Singapore, Malaysia, and internationally. It operates through two segments, Intermediate Products and Consumer Products.