FIT Hon Teng Limited (OTCMKTS:FITGF) Short Interest Up 32.2% in January

FIT Hon Teng Limited (OTCMKTS:FITGF) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 7,459,700 shares, a growth of 32.2% from the January 15th total of 5,644,200 shares. Based on an average daily volume of 4,200 shares, the days-to-cover ratio is currently 1,776.1 days.

FIT Hon Teng Trading Down 8.6 %

OTCMKTS FITGF traded down $0.04 on Friday, reaching $0.44. The company had a trading volume of 275 shares, compared to its average volume of 2,540. The stock’s 50 day moving average is $0.45 and its 200-day moving average is $0.37. FIT Hon Teng has a 52 week low of $0.11 and a 52 week high of $0.52.

About FIT Hon Teng

FIT Hon Teng Limited manufactures and sells mobile and wireless devices and connectors in Taiwan and internationally. It operates in two segments, Intermediate Products and Consumer Products. The company provides RF antenna cable and module assemblies; coaxial, internal, external, RJ, wire harness, USB, E/M, EM, flat, high speed, power, ribbon, SAS, and S-ATA cable assemblies; light source products; backplane, card, edgecard, memory, high speed, input/output, power, storage, and wire to board/board to board connectors; sockets and terminal blocks; and wired headsets, speaker systems, and power accessories.