Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) Short Interest Update

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 64,988 shares, a drop of 27.8% from the February 26th total of 90,020 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 85,314 shares, the days-to-cover ratio is currently 0.8 days.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Stock Performance

Hon Hai Precision Industry Co., Ltd. Sponsored GDR stock traded down $0.25 during mid-day trading on Friday, hitting $12.10. The company had a trading volume of 70,634 shares, compared to its average volume of 40,304. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a 12-month low of $6.75 and a 12-month high of $17.50. The company’s fifty day moving average is $13.89 and its 200-day moving average is $14.50. The company has a current ratio of 1.48, a quick ratio of 1.04 and a debt-to-equity ratio of 0.19.

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.