FGI Industries Ltd. (NASDAQ:FGI) Short Interest Update

FGI Industries Ltd. (NASDAQ:FGI) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 55,700 shares, a decrease of 5.4% from the January 15th total of 58,900 shares. Based on an average trading volume of 17,600 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.1% of the company’s stock are sold short.

FGI Industries Stock Performance

FGI opened at $0.88 on Thursday. FGI Industries has a one year low of $0.70 and a one year high of $1.85. The company has a market cap of $8.44 million, a P/E ratio of -29.43 and a beta of 1.23. The business’s 50-day simple moving average is $0.84 and its 200-day simple moving average is $0.84.

FGI Industries Company Profile

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, Europe, and internationally. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names.