Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Up 13.0% in January

Fletcher Building Limited (OTCMKTS:FRCEF) saw a significant 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 trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Fletcher Building Stock Performance

OTCMKTS:FRCEF remained flat at $1.53 during trading hours on Monday. The stock’s 50 day moving average is $1.63 and its 200 day moving average is $1.72. Fletcher Building has a fifty-two week low of $1.53 and a fifty-two 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.