Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Short Interest Up 248.8% in July

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGYGet Free Report) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,262 shares, a growth of 248.8% from the July 15th total of 1,222 shares. Based on an average daily trading volume, of 7,943 shares, the days-to-cover ratio is currently 0.5 days.

Fuyao Glass Industry Group Price Performance

Shares of FYGGY remained flat at $1.80 during mid-day trading on Thursday. The company’s stock had a trading volume of 5,666 shares, compared to its average volume of 39,419. Fuyao Glass Industry Group has a 52-week low of $1.50 and a 52-week high of $2.69. The stock’s 50 day moving average price is $1.71 and its two-hundred day moving average price is $1.91.

Fuyao Glass Industry Group Company Profile

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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.

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