Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) Sees Large Increase in Short Interest

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 79,800 shares, a growth of 63.2% from the June 30th total of 48,900 shares. Based on an average daily trading volume, of 156,400 shares, the days-to-cover ratio is presently 0.5 days.

Hon Hai Precision Industry Stock Performance

Shares of OTCMKTS HNHPF opened at $11.50 on Monday. Hon Hai Precision Industry has a 12-month low of $5.64 and a 12-month high of $14.16. The firm’s 50-day moving average price is $12.02 and its 200-day moving average price is $9.40.

Hon Hai Precision Industry Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, August 7th. Investors of record on Wednesday, July 3rd will be given a $0.2338 dividend. The ex-dividend date is Wednesday, July 3rd.

Hon Hai Precision Industry Company Profile

Hon Hai Precision Industry Co, Ltd. provides electronic OEM services. The company offers consumer electronics comprising of television sets, game consoles, set-top boxes, and speakers. It also provides cloud networking products consisting of routers, servers, edge computing, data centers, and satellite communications and other related equipment.