Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Up 7.4% in November

Fletcher Building Limited (OTCMKTS:FRCEF) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 775,900 shares, an increase of 7.4% from the November 15th total of 722,600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 3,879.5 days.

Fletcher Building Price Performance

Shares of OTCMKTS:FRCEF opened at $1.68 on Tuesday. The stock’s 50-day simple moving average is $1.76 and its two-hundred day simple moving average is $1.76. Fletcher Building has a 52-week low of $1.68 and a 52-week high of $2.97.

Fletcher Building Company Profile

Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, and distributes building products used to build homes; and buildings and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.