Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Up 124.0% in April

Fletcher Building Limited (OTCMKTS:FRCEF – Get Rating) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totalling 119,400 shares, a growth of 124.0% from the April 15th total of 53,300 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Shares of FRCEF stock opened at $3.78 on Friday. The business’s fifty day simple moving average is $4.27 and its 200-day simple moving average is $4.55. Fletcher Building has a 12-month low of $0.00 and a 12-month high of $5.60.

Fletcher Building Company Profile (Get Rating)

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, distributes, and sells building products used to build homes, buildings, and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.

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