Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) Short Interest Up 193.5% in January

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 11,366 shares, a growth of 193.5% from the December 31st total of 3,872 shares. Based on an average daily volume of 83,095 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 83,095 shares, the short-interest ratio is presently 0.1 days.

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

OTCMKTS HNHPF opened at $14.19 on Friday. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a one year low of $6.75 and a one year high of $17.50. The stock’s 50 day simple moving average is $14.46 and its 200 day simple moving average is $14.15.

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.