Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) Short Interest Up 91.8% in December

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) was the recipient of a significant increase in short interest in December. As of December 15th, there was short interest totaling 16,372 shares, an increase of 91.8% from the November 30th total of 8,534 shares. Based on an average trading volume of 53,369 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 53,369 shares, the days-to-cover ratio is presently 0.3 days.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Trading Up 1.2%

OTCMKTS HNHPF traded up $0.17 on Monday, hitting $14.52. 16,277 shares of the stock were exchanged, compared to its average volume of 53,842. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a fifty-two week low of $6.75 and a fifty-two week high of $17.50. The company has a 50-day moving average price of $15.11 and a 200-day moving average price of $13.58.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Company Profile

Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, is a leading global electronics contract manufacturer and technology solutions provider. The company specializes in the design, development and assembly of a wide range of electronic products, including smartphones, tablets, personal computers, servers and networking equipment. Alongside its core manufacturing services, Hon Hai offers turnkey production capabilities, encompassing engineering, supply chain management and after-sales support for original equipment manufacturers (OEMs) and brand owners.

Founded in 1974 by Terry Gou and headquartered in Tucheng District, New Taipei City, Taiwan, Hon Hai has grown from a single factory operation into one of the world’s largest private employers.