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 target of a large increase in short interest during the month of 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 daily volume of 53,369 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily 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 0.7%

Shares of OTCMKTS:HNHPF traded up $0.10 during trading on Friday, hitting $14.35. The stock had a trading volume of 19,756 shares, compared to its average volume of 28,154. 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 stock has a 50-day simple moving average of $15.11 and a two-hundred day simple moving average 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.