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 December. As of December 31st, there was short interest totaling 2,071 shares, an increase of 39.8% from the December 15th total of 1,481 shares. Based on an average daily trading volume, of 107 shares, the short-interest ratio is currently 19.4 days. Based on an average daily trading volume, of 107 shares, the short-interest ratio is currently 19.4 days.

Fielmann Group Price Performance

FLMNY opened at $10.21 on Friday. Fielmann Group has a 52 week low of $10.21 and a 52 week high of $14.17. The business’s 50 day moving average is $11.32 and its two-hundred day moving average is $12.19.

About Fielmann Group

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.