Is FLETCHER BUILDING LTD ORDINARY SHARES N (OTCMKTS:FRCEF) a Buy? The Stock Reported more Sellers

Fletcher Building Limited (OTCMKTS:FRCEF) Logo

The stock of FLETCHER BUILDING LTD ORDINARY SHARES N (OTCMKTS:FRCEF) registered an increase of 8.22% in short interest. FRCEF’s total short interest was 2.85M shares in December as published by FINRA. Its up 8.22% from 2.63 million shares, reported previously. With 200 shares average volume, it will take short sellers 14236 days to cover their FRCEF’s short positions.

The stock decreased 19.16% or $0.7347 during the last trading session, reaching $3.1. About 333 shares traded or 246.88% up from the average. Fletcher Building Limited (OTCMKTS:FRCEF) has 0.00% since December 8, 2017 and is . It has underperformed by 15.62% 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 $2.23 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.

Another recent and important Fletcher Building Limited (OTCMKTS:FRCEF) news was published by Seekingalpha.com which published an article titled: “Fletcher Building Ltd. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” on August 22, 2018.

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