Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Stock Short Interest Climbs 146.4%

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 19,369 shares, a growth of 146.4% from the September 30th total of 7,862 shares. Based on an average daily volume of 34,394 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Fuyao Glass Industry Group to a “neutral” rating in a research note on Monday, August 24th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the stock currently has an average rating of “Hold”.

Check Out Our Latest Analysis on Fuyao Glass Industry Group

Fuyao Glass Industry Group Stock Performance

Shares of FYGGY opened at $1.84 on Friday. The business’s fifty day moving average price is $1.81 and its 200 day moving average price is $1.89. Fuyao Glass Industry Group has a 12-month low of $1.50 and a 12-month high of $2.69.

Fuyao Glass Industry Group Company Profile

(Get Free Report)

Fuyao Glass Industry Group Co, Ltd. is a China-based manufacturer of automotive glass and related products. The company supplies windshields, door glass, sidelites, sunroof glass, rear windows and other glass components for passenger vehicles, commercial vehicles and specialty vehicles. Its products are used in both original equipment manufacturing and the automotive replacement-glass market.

Founded in 1987, Fuyao has developed from a domestic Chinese glass producer into an international automotive-supply company.

Further Reading

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