Short Interest in FIT Hon Teng Limited (OTCMKTS:FITGF) Increases By 25.0%

FIT Hon Teng Limited (OTCMKTS:FITGF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,567,500 shares, a growth of 25.0% from the September 30th total of 1,254,500 shares. Based on an average daily volume of 13,300 shares, the days-to-cover ratio is presently 117.9 days.

FIT Hon Teng Stock Performance

FITGF remained flat at $0.36 during midday trading on Wednesday. The company’s fifty day moving average is $0.30 and its 200 day moving average is $0.32. FIT Hon Teng has a 1 year low of $0.11 and a 1 year high of $0.48.

About FIT Hon Teng

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.