Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Update

Fletcher Building Limited (OTCMKTS:FRCEF) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 553,700 shares, an increase of 187.9% from the September 15th total of 192,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Fletcher Building Price Performance

FRCEF opened at $1.81 on Friday. The company has a 50-day simple moving average of $1.74 and a 200 day simple moving average of $1.90. Fletcher Building has a twelve month low of $1.69 and a twelve month high of $2.97.

About Fletcher Building

Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, and distributes building products used to build homes; and buildings and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.