Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Short Interest Update

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY – Get Free Report) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,418 shares, a decline of 66.7% from the July 30th total of 4,262 shares. Based on an average daily volume of 16,273 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Fuyao Glass Industry Group to a “neutral” rating in a research report on Monday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Fuyao Glass Industry Group presently has a consensus rating of “Hold”.

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Fuyao Glass Industry Group Trading Down 2.7%

FYGGY stock traded down $0.05 during midday trading on Friday, reaching $1.81. 9,980 shares of the company’s stock traded hands, compared to its average volume of 37,068. The company has a 50-day moving average price of $1.75 and a two-hundred day moving average price of $1.89. Fuyao Glass Industry Group has a 52 week low of $1.50 and a 52 week high of $2.69.

About Fuyao Glass Industry Group

(Get Free Report)

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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