Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Short Interest Up 323.3% in June

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 50,800 shares, an increase of 323.3% from the May 31st total of 12,000 shares. Based on an average daily trading volume, of 238,500 shares, the short-interest ratio is presently 0.2 days.

Hon Hai Precision Industry Price Performance

Shares of OTCMKTS HNHPF traded down $0.12 during trading hours on Friday, hitting $12.91. 41,596 shares of the stock were exchanged, compared to its average volume of 261,173. The company’s 50 day moving average is $10.88 and its 200 day moving average is $8.49. Hon Hai Precision Industry has a one year low of $5.64 and a one year high of $13.41.

Hon Hai Precision Industry Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, August 7th. Investors of record on Wednesday, July 3rd will be issued a dividend of $0.2338 per share. The ex-dividend date is Wednesday, July 3rd.

Hon Hai Precision Industry Company Profile

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.