Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Update

Fletcher Building Limited (OTCMKTS:FRCEF) was the recipient of 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 trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Fletcher Building Price Performance

Shares of FRCEF remained flat at $1.53 during midday trading on Friday. Fletcher Building has a 12-month low of $1.53 and a 12-month high of $2.97. The stock’s fifty day simple moving average is $1.66 and its 200-day simple moving average is $1.74.

About Fletcher Building

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.