Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Sees Significant Increase in Short Interest

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 12,371 shares, a growth of 150.7% from the January 15th total of 4,934 shares. Based on an average daily volume of 36,503 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 36,503 shares, the short-interest ratio is currently 0.3 days.

Fuyao Glass Industry Group Price Performance

FYGGY stock traded up $0.13 during midday trading on Friday, hitting $2.26. The stock had a trading volume of 19,088 shares, compared to its average volume of 102,640. Fuyao Glass Industry Group has a 1-year low of $1.50 and a 1-year high of $2.69. The business has a fifty day moving average price of $2.12 and a two-hundred day moving average price of $2.19.

Fuyao Glass Industry Group Company Profile

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.