Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Short Interest Update

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 3,700 shares, a growth of 3,600.0% from the January 31st total of 100 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable in a report on Saturday, February 22nd. They issued a “hold” rating for the company.

Asia Pacific Wire & Cable Price Performance

Shares of NASDAQ APWC opened at $1.56 on Friday. Asia Pacific Wire & Cable has a 52-week low of $1.20 and a 52-week high of $2.02. The business has a 50-day moving average price of $1.53 and a 200 day moving average price of $1.59. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35.

Asia Pacific Wire & Cable (NASDAQ:APWC) last announced its earnings results on Monday, December 2nd. The company reported $0.06 earnings per share (EPS) for the quarter.

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.