Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Short Interest Update

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) was the target of 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is presently 0.3 days.

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 issued a “hold” rating for the company.

Asia Pacific Wire & Cable Stock Down 0.2%

APWC stock opened at $1.65 on Thursday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35. Asia Pacific Wire & Cable has a 12 month low of $1.35 and a 12 month high of $2.02. The firm has a 50 day moving average of $1.59 and a two-hundred day moving average of $1.57.

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

About Asia Pacific Wire & Cable

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.