Founder Group Limited (NASDAQ:FGL – Get Free Report) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 316,307 shares, a drop of 31.7% from the January 15th total of 463,059 shares. Based on an average daily volume of 2,208,616 shares, the days-to-cover ratio is currently 0.1 days. Approximately 1.6% of the shares of the stock are sold short. Approximately 1.6% of the shares of the stock are sold short. Based on an average daily volume of 2,208,616 shares, the days-to-cover ratio is currently 0.1 days.
Founder Group Trading Up 49.1%
FGL stock traded up $5.93 during mid-day trading on Friday, hitting $18.00. 1,457,101 shares of the company were exchanged, compared to its average volume of 87,085. Founder Group has a 12-month low of $7.03 and a 12-month high of $162.00. The firm’s fifty day simple moving average is $18.24. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.08 and a quick ratio of 1.06.
More Founder Group News
Here are the key news stories impacting Founder Group this week:
- Positive Sentiment: Intraday buying interest and volume surge — Trading volume was far above recent norms and the stock moved higher today, which can indicate genuine demand that helped push the price up.
- Neutral Sentiment: Multiple LULD pauses halted trading repeatedly across the session (halts recorded at roughly 10:06, 10:38, 9:58, 10:18, 10:26, 10:38, 11:02, 11:16, 11:22, 11:33, 11:59, 12:06 and 13:44 local times). LULD pauses are automatic volatility controls that stop trading when price moves hit preset bands; they reflect extreme intraday price swings but are not a company fundamental update.
- Neutral Sentiment: Short‑interest data reported for February appears inconsistent (entries note a “large increase” but list 0 shares and NaN changes). That suggests a data anomaly or reporting lags rather than clear evidence of new shorting pressure; treat the reported short‑interest figures with caution.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on Founder Group
About Founder Group
Founder Group is a diversified investment holding company originally established in 1986 by Peking University. The group traces its roots to one of China’s leading academic institutions and has since evolved into a state-owned enterprise focused on fostering innovation and technology commercialization. Leveraging its academic heritage, Founder Group has built a network of subsidiaries and affiliates across a range of high-growth industries.
The company’s main business activities span information technology and digital printing, including integrated circuit design, software development and advanced printing solutions.
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