Short Interest in FIT Hon Teng Limited (OTCMKTS:FITGF) Rises By 35.1%

FIT Hon Teng Limited (OTCMKTS:FITGF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 10,081,500 shares, an increase of 35.1% from the January 31st total of 7,459,700 shares. Based on an average daily trading volume, of 1,100 shares, the short-interest ratio is currently 9,165.0 days.

FIT Hon Teng Stock Performance

Shares of FITGF traded up $0.05 during mid-day trading on Wednesday, reaching $0.41. The stock had a trading volume of 733 shares, compared to its average volume of 3,314. The business has a fifty day moving average of $0.46 and a 200 day moving average of $0.38. FIT Hon Teng has a 12 month low of $0.14 and a 12 month high of $0.54.

About FIT Hon Teng

FIT Hon Teng Limited manufactures and sells mobile and wireless devices and connectors in Taiwan and internationally. It operates in two segments, Intermediate Products and Consumer Products. The company provides RF antenna cable and module assemblies; coaxial, internal, external, RJ, wire harness, USB, E/M, EM, flat, high speed, power, ribbon, SAS, and S-ATA cable assemblies; light source products; backplane, card, edgecard, memory, high speed, input/output, power, storage, and wire to board/board to board connectors; sockets and terminal blocks; and wired headsets, speaker systems, and power accessories.