Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Short Interest Update

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,500 shares, a growth of 25.0% from the October 15th total of 1,200 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,100 shares, the short-interest ratio is currently 0.2 days.

Asia Pacific Wire & Cable Price Performance

NASDAQ:APWC opened at $1.81 on Friday. Asia Pacific Wire & Cable has a 1-year low of $1.20 and a 1-year high of $2.00. The firm’s 50-day moving average price is $1.61 and its 200-day moving average price is $1.54. The company has a quick ratio of 1.25, a current ratio of 2.21 and a debt-to-equity ratio of 0.04.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Asia Pacific Wire & Cable in a research report on Sunday, November 10th. They set a “hold” rating on the stock.

About Asia Pacific Wire & Cable

Asia Pacific Wire & Cable Corporation Limited, through its subsidiaries, manufactures and distributes enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People's Republic of China, Hong Kong, and other markets in the Asia Pacific region. The company offers copper rods; and telecommunications cable products, including copper-based and fiber optic cables for telephone and data transmissions; and armored and unarmored low voltage power transmission cable, which is used to transmit electricity to and within commercial and residential buildings, as well as to outdoor installations, such as streetlights, traffic signals, and other signs.