Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Update

Fletcher Building Limited (OTCMKTS:FRCEF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 898,800 shares, an increase of 13.0% from the December 31st total of 795,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Fletcher Building Stock Performance

FRCEF remained flat at $1.53 during midday trading on Monday. The firm’s fifty day moving average is $1.63 and its 200 day moving average is $1.72. Fletcher Building has a 52-week low of $1.53 and a 52-week high of $2.97.

Fletcher Building Company Profile

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, and distributes building products used to build homes; and buildings and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.