Short Interest in Hirose Electric Co.,Ltd. (OTCMKTS:HROEY) Rises By 9.1%

Hirose Electric Co.,Ltd. (OTCMKTS:HROEY) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 2,400 shares, a growth of 9.1% from the May 15th total of 2,200 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 8.0 days.

Hirose Electric Co.,Ltd. Price Performance

Shares of OTCMKTS HROEY opened at $11.25 on Tuesday. The firm’s fifty day moving average is $10.94 and its 200 day moving average is $11.00. Hirose Electric Co.,Ltd. has a 52 week low of $9.94 and a 52 week high of $13.97.

About Hirose Electric Co.,Ltd.

Hirose Electric Co,Ltd. manufactures and sells connectors in Japan and internationally. The company offers multi-pin connectors, including circular and rectangular connectors; connectors for ribbon cables; connectors used for printed circuit boards comprising flexible printed circuit boards; and nylon connectors for use in a range of fields, such as smartphones, communications equipment, and automotive electronics, as well as in industrial fields, such as measuring and control equipment, FA equipment, and medical electronics equipment.