Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Short Interest Update

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, an increase of 2,000.0% from the February 28th total of 100 shares. Based on an average daily trading volume, of 8,400 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Asia Pacific Wire & Cable Stock Performance

APWC stock opened at $1.54 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35. Asia Pacific Wire & Cable has a twelve month low of $1.24 and a twelve month high of $2.02. The business’s fifty day moving average is $1.57 and its 200-day moving average is $1.60.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable in a report on Wednesday. They issued a “hold” rating on the stock.

Asia Pacific Wire & Cable Company Profile

Asia Pacific Wire & Cable Corp. Ltd. is a holding company, which engages in the business of owning operating companies in the power cable, telecommunication cable, enameled wire, and electronic cable industry. It operates through the following segments: North Asia, Thailand, and Rest of the World.