Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Short Interest Update

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,418 shares, a decrease of 66.7% from the July 30th total of 4,262 shares. Based on an average trading volume of 16,273 shares, the short-interest ratio is currently 0.1 days.

Fuyao Glass Industry Group Price Performance

Shares of OTCMKTS FYGGY opened at $1.81 on Friday. The business has a 50 day simple moving average of $1.76 and a 200 day simple moving average of $1.89. Fuyao Glass Industry Group has a 52 week low of $1.50 and a 52 week high of $2.69.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Fuyao Glass Industry Group to a “neutral” rating in a research report on Monday, August 24th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.

About Fuyao Glass Industry Group

Fuyao Glass Industry Group Co, Ltd. is a leading China-based manufacturer of automotive and industrial glass products, operating as an over-the-counter traded company under the symbol FYGGY. Founded in 1987 and headquartered in Fuqing, Fujian Province, the company has grown from a domestic producer into a global supplier of safety and specialty glass solutions for original equipment manufacturers (OEMs) and the aftermarket.

The core products of Fuyao Glass include laminated and tempered automotive windshields, side and rear windows, sunroofs, and other specialty glazing components.