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

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 1,400 shares, a growth of 366.7% from the March 31st total of 300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

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

Asia Pacific Wire & Cable Trading Down 2.4 %

NASDAQ APWC opened at $1.58 on Tuesday. The business has a 50 day simple moving average of $1.55 and a two-hundred day simple moving average of $1.60. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.35 and a current ratio of 2.47. Asia Pacific Wire & Cable has a 1-year low of $1.24 and a 1-year high of $2.02.

Asia Pacific Wire & Cable (NASDAQ:APWC) last released its quarterly earnings results on Monday, March 31st. The company reported $0.13 earnings per share for the quarter. The firm had revenue of $136.11 million for the quarter.

About Asia Pacific Wire & Cable

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.