The Foschini Group Limited (OTCMKTS:FHNGY) Stock Short Interest Drops 95.8%

The Foschini Group Limited (OTCMKTS:FHNGY) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 4 shares, a decline of 95.8% from the August 31st total of 96 shares. Based on an average trading volume of 203 shares, the short-interest ratio is currently 0.0 days.

The Foschini Group Price Performance

Shares of FHNGY remained flat at $2.95 during trading hours on Thursday. The firm’s 50 day moving average price is $3.25 and its 200-day moving average price is $3.63. The Foschini Group has a one year low of $2.93 and a one year high of $6.40.

The Foschini Group Company Profile

The Foschini Group Limited, together with its subsidiaries, operates retail stores in South Africa and internationally. The company operates through TFG Africa, TFG London, and TFG Australia segments. It offers clothing, jewellery, cosmetics, cellphones, and accessories. In addition, the company provides sporting and outdoor apparel and equipment. Further, it offers homeware and furniture. The company offers its products under Home, American Swiss, Homelivingspace, Archive, Bash, The Bed Store, Connor, Coricraft, Dial-a-Bed, Exact, Fabiani, The FIX, Foschini, Galaxy & Co, Granny Goose, G-Star RAW, Hi, Hobbs, Jet, Jet Home, Johnny Bigg, Markham, Phase Eight, Relay Jeans, RFO, Rockwear, Sneaker Factory, Sportscene, Sterns, Tarocash, Totalsports, Volpes, Whistles, and YD brand names.