Fletcher Building Limited (OTCMKTS:FRCEF) Sees Significant Increase in Short Interest

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

Fletcher Building Price Performance

Fletcher Building stock remained flat at $1.53 during midday trading on Friday. Fletcher Building has a 1 year low of $1.53 and a 1 year high of $2.97. The business’s fifty day moving average is $1.66 and its two-hundred day moving average is $1.74.

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.