FIT Hon Teng Limited (OTCMKTS:FITGF) Short Interest Up 32.2% in January

FIT Hon Teng Limited (OTCMKTS:FITGF) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 7,459,700 shares, a growth of 32.2% from the January 15th total of 5,644,200 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is currently 1,776.1 days.

FIT Hon Teng Price Performance

Shares of FITGF stock traded down $0.04 during mid-day trading on Friday, reaching $0.44. The stock had a trading volume of 275 shares, compared to its average volume of 2,540. The firm’s 50 day simple moving average is $0.45 and its 200 day simple moving average is $0.37. FIT Hon Teng has a one year low of $0.11 and a one year high of $0.52.

FIT Hon Teng Company Profile

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.