Short Interest in Fletcher Building Limited (OTCMKTS:FRCEF) Rises By 13.0%

Fletcher Building Limited (OTCMKTS:FRCEF) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 898,800 shares, an increase of 13.0% from the December 31st total of 795,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Fletcher Building Price Performance

Shares of OTCMKTS:FRCEF remained flat at $1.53 during midday trading on Monday. Fletcher Building has a 12-month low of $1.53 and a 12-month high of $2.97. The business has a 50-day moving average price of $1.63 and a two-hundred day moving average price of $1.72.

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.