FIH Mobile Limited (OTCMKTS:FXCNY) Stock Short Interest Drops 59.5%

FIH Mobile Limited (OTCMKTS:FXCNY – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 257 shares, a decline of 59.5% from the September 30th total of 635 shares. Based on an average trading volume of 114 shares, the short-interest ratio is currently 2.3 days. Approximately 0.0% of the company’s stock are short sold.

FIH Mobile Stock Performance

Shares of FXCNY opened at $16.47 on Thursday. FIH Mobile has a fifty-two week low of $16.47 and a fifty-two week high of $22.14. The firm’s 50-day simple moving average is $19.53 and its two-hundred day simple moving average is $27.21.

FIH Mobile Company Profile

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FIH Mobile Limited is a Hong Kong-based provider of mobile-device design and manufacturing services. The company develops and assembles smartphones and other wireless communication products for global technology and consumer-electronics brands, supporting activities such as product engineering, component sourcing, manufacturing, testing, and after-sales services.

FIH Mobile is part of Hon Hai Precision Industry Co, Ltd., commonly known as Foxconn, and operates within Foxconn’s broader electronics manufacturing network.

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