Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) Short Interest Update

Asia Pacific Wire & Cable Co. Limited (NASDAQ:APWC) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,700 shares, an increase of 3,600.0% from the January 31st total of 100 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Asia Pacific Wire & Cable in a research note on Saturday, February 22nd. They set a “hold” rating for the company.

Asia Pacific Wire & Cable Trading Down 1.6 %

Asia Pacific Wire & Cable stock traded down $0.03 during mid-day trading on Thursday, reaching $1.50. 1,275 shares of the company were exchanged, compared to its average volume of 7,981. Asia Pacific Wire & Cable has a 12 month low of $1.20 and a 12 month high of $2.02. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.47 and a quick ratio of 1.35. The company has a fifty day simple moving average of $1.53 and a 200-day simple moving average of $1.59.

Asia Pacific Wire & Cable (NASDAQ:APWC) last released its quarterly earnings data on Monday, December 2nd. The company reported $0.06 earnings per share for the quarter.

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.