Hirose Electric Co.,Ltd. (OTCMKTS:HROEY) Sees Large Drop in Short Interest

Hirose Electric Co.,Ltd. (OTCMKTS:HROEY) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 800 shares, a drop of 68.0% from the August 15th total of 2,500 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 8.0 days.

Hirose Electric Co.,Ltd. Price Performance

Shares of Hirose Electric Co.,Ltd. stock remained flat at $11.25 during trading on Friday. The stock’s 50-day moving average is $11.25 and its 200-day moving average is $10.94. Hirose Electric Co.,Ltd. has a 12-month low of $9.94 and a 12-month high of $13.97.

About Hirose Electric Co.,Ltd.

Hirose Electric Co,Ltd. manufactures and sells connectors in Japan and internationally. The company offers multi-pin connectors, including circular and rectangular connectors; connectors for ribbon cables; connectors used for printed circuit boards comprising flexible printed circuit boards; and nylon connectors for use in a range of fields, such as smartphones, communications equipment, and automotive electronics, as well as in industrial fields, such as measuring and control equipment, FA equipment, and medical electronics equipment.