Hirose Electric Co.,Ltd. (OTCMKTS:HROEY) Sees Significant Growth in Short Interest

Hirose Electric Co.,Ltd. (OTCMKTS:HROEY) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 297 shares, an increase of 203.1% from the April 30th total of 98 shares. Based on an average daily volume of 27 shares, the short-interest ratio is presently 11.0 days.

Hirose Electric Co.,Ltd. Stock Performance

Hirose Electric Co.,Ltd. stock opened at $17.85 on Friday. Hirose Electric Co.,Ltd. has a 1 year low of $11.10 and a 1 year high of $17.85. The company’s 50-day moving average is $13.89 and its two-hundred day moving average is $12.75.

Hirose Electric Co.,Ltd. Company Profile

Hirose Electric Co, Ltd., founded in 1937 and headquartered in Tokyo, Japan, is a global leader in the design and manufacture of precision electronic connectors. The company’s portfolio spans board-to-board connectors, wire-to-board connectors, coaxial and high-speed data connectors, sensor connectors, and cable assemblies. These products serve a wide range of applications, from consumer electronics and telecommunications to automotive systems, factory automation, medical equipment and aerospace.

With sales and support offices across Asia, Europe and North America, Hirose Electric maintains a broad geographic footprint to stay close to key customers and markets.