Fletcher Building Limited (OTCMKTS:FRCEF – Get Free Report) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 355,083 shares, a drop of 54.9% from the September 30th total of 786,521 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.
Fletcher Building Price Performance
OTCMKTS:FRCEF opened at $2.10 on Friday. Fletcher Building has a 1-year low of $1.63 and a 1-year high of $2.19. The business’s fifty day moving average price is $2.10 and its 200 day moving average price is $1.93.
About Fletcher Building
Fletcher Building Limited is a New Zealand-based company involved in the manufacture, distribution and installation of building and construction products. Its businesses serve residential, commercial and infrastructure markets, supplying materials used in new construction, renovation and maintenance projects.
The company’s product portfolio includes cement and concrete products, plasterboard, roofing, insulation, timber and engineered wood products, pipes, laminates, wall coverings and other interior building materials.
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