Asia Pacific Wire & Cable Corporation Limited (NASDAQ:APWC) Short Interest Up 40.0% in July

Asia Pacific Wire & Cable Corporation Limited (NASDAQ:APWC) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 7,700 shares, agrowthof40.0% from the July 15th total of 5,500 shares. Based on an average daily volume of 7,700 shares, the short-interest ratio is presently 1.0 days. Approximately0.2% of the shares of the stock are sold short. Approximately0.2% of the shares of the stock are sold short. Based on an average daily volume of 7,700 shares, the short-interest ratio is presently 1.0 days.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on Asia Pacific Wire & Cable in a report on Wednesday, May 21st. They issued a “hold” rating for the company.

Asia Pacific Wire & Cable Stock Performance

Shares of NASDAQ:APWC opened at $1.72 on Thursday. The company has a 50 day moving average of $1.73 and a two-hundred day moving average of $1.63. The company has a quick ratio of 1.34, a current ratio of 2.43 and a debt-to-equity ratio of 0.02. Asia Pacific Wire & Cable has a 52-week low of $1.36 and a 52-week high of $2.02.

Asia Pacific Wire & Cable (NASDAQ:APWC) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.03 earnings per share for the quarter. The firm had revenue of $126.91 million during the quarter. Asia Pacific Wire & Cable had a return on equity of 1.03% and a net margin of 0.64%.

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.