FIH Mobile Limited (OTCMKTS:FXCNY) Sees Large Drop in Short Interest

FIH Mobile Limited (OTCMKTS:FXCNY – Get Free Report) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 257 shares, a decline of 59.5% from the September 30th total of 635 shares. Based on an average daily volume of 114 shares, the days-to-cover ratio is currently 2.3 days. Currently, 0.0% of the company’s stock are sold short.

FIH Mobile Stock Performance

FXCNY stock opened at $16.47 on Friday. FIH Mobile has a 1-year low of $16.47 and a 1-year high of $22.14. The business has a fifty day moving average price of $19.41 and a 200-day moving average price of $27.17.

FIH Mobile Company Profile

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FIH Mobile Limited is a Hong Kong-based provider of mobile-device design and manufacturing services. The company develops and assembles smartphones and other wireless communication products for global technology and consumer-electronics brands, supporting activities such as product engineering, component sourcing, manufacturing, testing, and after-sales services.

FIH Mobile is part of Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, and operates within Foxconn’s broader electronics manufacturing network.

Further Reading

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