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

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,200 shares, a decline of 59.0% from the December 15th total of 7,800 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 13,300 shares, the short-interest ratio is currently 0.2 days.

Asia Pacific Wire & Cable Stock Up 2.0 %

NASDAQ:APWC traded up $0.03 during mid-day trading on Thursday, reaching $1.55. The stock had a trading volume of 8,426 shares, compared to its average volume of 11,602. The business’s 50 day moving average is $1.64 and its 200 day moving average is $1.57. 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 fifty-two week low of $1.20 and a fifty-two week high of $2.02.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Asia Pacific Wire & Cable in a research report on Monday. They set a “hold” rating for the company.

Asia Pacific Wire & Cable Company Profile

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.