FGI Industries Ltd. (NASDAQ:FGI – Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 37,000 shares, a drop of 31.6% from the February 13th total of 54,100 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average trading volume of 8,700 shares, the days-to-cover ratio is currently 4.3 days.
FGI Industries Price Performance
Shares of FGI opened at $0.81 on Friday. FGI Industries has a 1-year low of $0.70 and a 1-year high of $1.64. The company has a 50-day moving average of $0.85 and a 200 day moving average of $0.84. The firm has a market capitalization of $7.77 million, a price-to-earnings ratio of -27.07 and a beta of 1.23.
About FGI Industries
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