Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) Short Interest Up 193.5% in January

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 11,366 shares, a growth of 193.5% from the December 31st total of 3,872 shares. Based on an average trading volume of 83,095 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 83,095 shares, the short-interest ratio is currently 0.1 days.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Stock Down 1.8%

OTCMKTS:HNHPF opened at $13.93 on Friday. The firm’s 50 day moving average is $14.45 and its two-hundred day moving average is $14.17. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a fifty-two week low of $6.75 and a fifty-two week high of $17.50.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Company Profile

Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, is a leading global electronics contract manufacturer and technology solutions provider. The company specializes in the design, development and assembly of a wide range of electronic products, including smartphones, tablets, personal computers, servers and networking equipment. Alongside its core manufacturing services, Hon Hai offers turnkey production capabilities, encompassing engineering, supply chain management and after-sales support for original equipment manufacturers (OEMs) and brand owners.

Founded in 1974 by Terry Gou and headquartered in Tucheng District, New Taipei City, Taiwan, Hon Hai has grown from a single factory operation into one of the world’s largest private employers.