Fielmann Group AG (OTCMKTS:FLMNY) Short Interest Update

Fielmann Group AG (OTCMKTS:FLMNY) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,449 shares, an increase of 4,290.9% from the January 15th total of 33 shares. Based on an average daily volume of 768 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 768 shares, the short-interest ratio is presently 1.9 days.

Fielmann Group Trading Up 2.7%

OTCMKTS FLMNY traded up $0.26 during trading on Tuesday, reaching $9.76. The company’s stock had a trading volume of 2,630 shares, compared to its average volume of 1,900. The business’s fifty day moving average price is $10.64 and its 200-day moving average price is $11.78. Fielmann Group has a twelve month low of $9.50 and a twelve month high of $14.17.

Fielmann Group Company Profile

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.