Today FLETCHER BUILDING LTD ORDINARY SHARES N (OTCMKTS:FRCEF) Reported Increase in Shorted Shares

July 27, 2018 - By Matthew Richard

Fletcher Building Limited (OTCMKTS:FRCEF) Logo

The stock of FLETCHER BUILDING LTD ORDINARY SHARES N (OTCMKTS:FRCEF) registered an increase of 32.04% in short interest. FRCEF’s total short interest was 2.26M shares in July as published by FINRA. Its up 32.04% from 1.71 million shares, reported previously. The short interest to FLETCHER BUILDING LTD ORDINARY SHARES N’s float is 0.33%.

It closed at $4.65 lastly. It is down 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Fletcher Building Limited, together with its subsidiaries, makes and distributes building and construction products in New Zealand, Australia, and internationally. The company has market cap of $4.23 billion. The Company’s Building Products segment makes, distributes, and markets building products, such as concrete pipes and products, cement and aggregates, plastic pipes, and building materials for commercial and residential markets. It currently has negative earnings. The companyÂ’s International segment provides laminate and surface products for commercial and residential spaces; decorative wood panels and laminates, particle boards, medium density fiber boards, and other decorative products; and pressed metal roof tiles.

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