Fielmann Group AG (OTCMKTS:FLMNY) Sees Large Decrease in Short Interest

Fielmann Group AG (OTCMKTS:FLMNY) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 33 shares, a drop of 98.4% from the December 31st total of 2,071 shares. Based on an average daily trading volume, of 3 shares, the short-interest ratio is currently 11.0 days. Based on an average daily trading volume, of 3 shares, the short-interest ratio is currently 11.0 days.

Fielmann Group Price Performance

Shares of FLMNY stock remained flat at $9.50 during trading hours on Thursday. Fielmann Group has a 12 month low of $9.50 and a 12 month high of $14.17. The company’s 50-day moving average price is $11.00 and its two-hundred day moving average price is $12.01.

About Fielmann Group

Fielmann Group is a European eyewear retailer headquartered in Hamburg, Germany. Established in 1972 by Günther Fielmann, the company has grown to become one of the continent’s largest integrated optical providers. Fielmann’s core operations encompass the design, manufacture and retail of prescription frames, sunglasses, contact lenses and hearing aids. The group operates a network of over 800 retail stores across more than ten European countries, serving a broad customer base with a focus on quality and value.

Fielmann’s business model combines a vertically integrated supply chain with a retail‐led distribution network.