Short Interest in FIT Hon Teng Limited (OTCMKTS:FITGF) Declines By 35.5%

FIT Hon Teng Limited (OTCMKTS:FITGF) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 6,504,500 shares, a drop of 35.5% from the February 13th total of 10,081,500 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is currently 803.0 days.

FIT Hon Teng Stock Up 4.9 %

Shares of FITGF stock traded up $0.02 during mid-day trading on Monday, hitting $0.36. 1,600 shares of the stock traded hands, compared to its average volume of 3,175. The company’s 50-day simple moving average is $0.45 and its 200-day simple moving average is $0.39. FIT Hon Teng has a twelve month low of $0.18 and a twelve month high of $0.54.

FIT Hon Teng Company Profile

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.