Fletcher Building Limited (OTCMKTS:FRCEF – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 355,083 shares, a decline of 54.9% from the September 30th total of 786,521 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Fletcher Building Stock Performance
Shares of OTCMKTS FRCEF remained flat at $2.10 during mid-day trading on Friday. The business’s 50 day moving average is $2.10 and its 200 day moving average is $1.94. Fletcher Building has a 52-week low of $1.63 and a 52-week high of $2.19.
About Fletcher Building
Fletcher Building Limited is a New Zealand-based company involved in the manufacture, distribution and installation of building and construction products. Its businesses serve residential, commercial and infrastructure markets, supplying materials used in new construction, renovation and maintenance projects.
The company’s product portfolio includes cement and concrete products, plasterboard, roofing, insulation, timber and engineered wood products, pipes, laminates, wall coverings and other interior building materials.
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