Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Short Interest Up 150.7% in January

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

Fuyao Glass Industry Group Price Performance

Shares of FYGGY opened at $2.24 on Thursday. The business’s 50 day moving average price is $2.11 and its 200-day moving average price is $2.18. Fuyao Glass Industry Group has a 52 week low of $1.50 and a 52 week high of $2.69.

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.