Fletcher Building Limited (OTCMKTS:FRCEF) Short Interest Update

Fletcher Building Limited (OTCMKTS:FRCEF) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 260,600 shares, a decline of 10.3% from the August 15th total of 290,400 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2,606.0 days.

Fletcher Building Stock Performance

Shares of OTCMKTS FRCEF remained flat at $2.61 during trading hours on Monday. The company had a trading volume of 1 shares, compared to its average volume of 980. The company has a 50-day moving average price of $3.22 and a two-hundred day moving average price of $2.99. Fletcher Building has a 12-month low of $2.61 and a 12-month high of $3.48.

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.