Short Interest in Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Declines By 97.3%

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 100 shares, a decline of 97.3% from the February 13th total of 3,700 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Asia Pacific Wire & Cable Stock Performance

NASDAQ:APWC opened at $1.67 on Friday. Asia Pacific Wire & Cable has a twelve month low of $1.24 and a twelve month high of $2.02. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35. The company’s 50 day moving average is $1.55 and its two-hundred day moving average is $1.59.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Asia Pacific Wire & Cable in a research report on Monday. They set a “hold” rating on the stock.

Asia Pacific Wire & Cable Company Profile

Asia Pacific Wire & Cable Corp. Ltd. is a holding company, which engages in the business of owning operating companies in the power cable, telecommunication cable, enameled wire, and electronic cable industry. It operates through the following segments: North Asia, Thailand, and Rest of the World.