Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Short Interest Up 3,600.0% in February

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,700 shares, an increase of 3,600.0% from the January 31st total of 100 shares. Based on an average daily trading volume, of 10,900 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Asia Pacific Wire & Cable in a report on Saturday, February 22nd. They set a “hold” rating on the stock.

Asia Pacific Wire & Cable Stock Down 2.0 %

NASDAQ:APWC opened at $1.50 on Friday. The firm’s fifty day moving average price is $1.53 and its two-hundred day moving average price is $1.59. The company has a current ratio of 2.47, a quick ratio of 1.35 and a debt-to-equity ratio of 0.03. Asia Pacific Wire & Cable has a one year low of $1.20 and a one year high of $2.02.

Asia Pacific Wire & Cable (NASDAQ:APWC) last announced its quarterly earnings results on Monday, December 2nd. The company reported $0.06 EPS for the quarter.

Asia Pacific Wire & Cable Company Profile

Asia Pacific Wire & Cable Corp. Ltd. is a holding company, which engages in the business of owning operating companies in the power cable, telecommunication cable, enameled wire, and electronic cable industry. It operates through the following segments: North Asia, Thailand, and Rest of the World.