Bearish bets on FN have declined 7% in the past week as the stock surged 26% over the month. Put-call ratios spiked to the highest level in over a month, signaling defensive positioning before Monday's report.
Short interest stands at 2.49 million shares, or 7.0% of the free float.
Shorts have trimmed positions by 7.3% over the past week. Over the month, short interest rose 30%, though that coincided with a 26% rally in the stock. Days to cover sits at 3.4 based on recent volume.
Cost to borrow remains low at 0.43%, down 3% week-over-week and 5% over the month. Utilisation is 18.3%, near the 52-week high of 19.6%.
The put-call ratio hit 1.99 on April 23, nearly double the 20-day average of 1.12.
That represents a 3-standard-deviation spike. The elevated PCR suggests traders are hedging aggressively or betting on downside. Over the past month, PCR has climbed steadily from 0.83 to current levels.
No implied move data is available for the earnings event.
No recent analyst activity is available in the snapshot. Price targets and consensus ratings are not provided.
FN last reported on February 2, 2026. The stock has rallied sharply since then, up 26% over the past month.
The company operates in the electronic manufacturing services sector, a space sensitive to demand cycles and supply chain dynamics.
No active ORTEX Alpha signals are currently flagged for FN.
The ORTEX short score sits at 49.7 out of 100, down from 51.7 ten days ago, reflecting reduced bearish pressure as shorts cover into strength.
See the live data behind this article on ORTEX.
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