Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Update

Fletcher Building Limited (OTCMKTS:FRCEFGet Rating) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 119,400 shares, a growth of 124.0% from the April 15th total of 53,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

OTCMKTS:FRCEF traded down $0.10 on Friday, hitting $3.69. 384 shares of the company’s stock were exchanged, compared to its average volume of 682. The firm has a 50-day moving average price of $4.24 and a 200-day moving average price of $4.53. Fletcher Building has a 52 week low of $3.69 and a 52 week high of $5.60.

About Fletcher Building (Get Rating)

Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, distributes, and sells building products used to build homes, buildings, and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.

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