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

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 5,029 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 88,197 shares, the days-to-cover ratio is presently 0.1 days.

Fuyao Glass Industry Group Stock Performance

Shares of OTCMKTS:FYGGY remained flat at $1.68 during trading hours on Thursday. 101 shares of the stock traded hands, compared to its average volume of 44,350. The company’s 50 day simple moving average is $1.76 and its two-hundred day simple moving average is $1.96. Fuyao Glass Industry Group has a one year low of $1.50 and a one year 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.