Short Interest in Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Drops By 7.9%

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 385,700 shares, a decrease of 7.9% from the October 15th total of 418,700 shares. Based on an average daily trading volume, of 89,300 shares, the days-to-cover ratio is presently 4.3 days.

Hon Hai Precision Industry Trading Down 2.1 %

Shares of HNHPF stock opened at $12.34 on Tuesday. Hon Hai Precision Industry has a 1-year low of $6.04 and a 1-year high of $14.16. The firm’s 50-day simple moving average is $12.28 and its 200-day simple moving average is $11.79.

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.