Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Sees Significant Growth in Short Interest

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 364,500 shares, an increase of 7.4% from the December 15th total of 339,300 shares. Based on an average daily volume of 92,200 shares, the short-interest ratio is presently 4.0 days.

Hon Hai Precision Industry Stock Performance

Shares of HNHPF stock opened at $10.64 on Friday. The company’s fifty day moving average price is $11.65 and its 200-day moving average price is $11.86. Hon Hai Precision Industry has a one year low of $6.10 and a one year high of $14.16.

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.