Short Interest in Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Expands By 7.4%

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 364,500 shares, an increase of 7.4% from the December 31st total of 339,300 shares. Based on an average daily volume of 92,200 shares, the days-to-cover ratio is presently 4.0 days.

Hon Hai Precision Industry Stock Performance

Hon Hai Precision Industry stock opened at $10.15 on Tuesday. The company’s 50-day moving average price is $11.24 and its 200-day moving average price is $11.67. Hon Hai Precision Industry has a twelve month low of $6.23 and a twelve month high of $14.16.

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.