Short Interest in Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Drops By 97.3%

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 100 shares, a drop of 97.3% from the February 13th total of 3,700 shares. Based on an average trading volume of 9,300 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Asia Pacific Wire & Cable Price Performance

Shares of NASDAQ APWC opened at $1.67 on Thursday. Asia Pacific Wire & Cable has a 12-month low of $1.24 and a 12-month high of $2.02. The stock has a 50 day simple moving average of $1.55 and a 200-day simple moving average of $1.59. The company has a current ratio of 2.47, a quick ratio of 1.35 and a debt-to-equity ratio of 0.03.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Asia Pacific Wire & Cable in a research report on Monday. They issued a “hold” rating on the stock.

Asia Pacific Wire & Cable Company Profile

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.