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 May. As of May 31st, there was short interest totalling 2,200 shares, an increase of 1,000.0% from the May 15th total of 200 shares. Based on an average trading volume of 6,400 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Asia Pacific Wire & Cable Price Performance

Shares of APWC opened at $1.65 on Thursday. The company’s 50 day moving average price is $1.59 and its 200 day moving average price is $1.57. Asia Pacific Wire & Cable has a 52 week low of $1.35 and a 52 week high of $2.02. The company has a quick ratio of 1.35, a current ratio of 2.47 and a debt-to-equity ratio of 0.03.

Asia Pacific Wire & Cable (NASDAQ:APWC) last posted its quarterly earnings results on Monday, March 31st. The company reported $0.13 EPS for the quarter. The company had revenue of $136.11 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen started coverage on Asia Pacific Wire & Cable in a research note on Wednesday, May 21st. They set 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.