Short Interest in Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Increases By 1,609.0%

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 418,700 shares, a growth of 1,609.0% from the September 30th total of 24,500 shares. Based on an average daily trading volume, of 125,300 shares, the days-to-cover ratio is presently 3.3 days.

Hon Hai Precision Industry Price Performance

OTCMKTS HNHPF opened at $13.25 on Friday. Hon Hai Precision Industry has a 12 month low of $5.64 and a 12 month high of $14.16. The stock’s fifty day moving average price is $11.75 and its 200-day moving average price is $11.34.

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.