FGI Industries Ltd. (NASDAQ:FGIWW) Sees Significant Growth in Short Interest

FGI Industries Ltd. (NASDAQ:FGIWW – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 62,460 shares, a growth of 113.7% from the June 30th total of 29,231 shares. Based on an average trading volume of 57,071 shares, the days-to-cover ratio is presently 1.1 days.

FGI Industries Stock Down 86.5%

NASDAQ FGIWW traded down $1.47 on Tuesday, hitting $0.23. 92,086 shares of the company’s stock were exchanged, compared to its average volume of 37,526. The stock has a 50-day moving average of $0.10 and a 200-day moving average of $0.06. FGI Industries has a 52 week low of $0.01 and a 52 week high of $1.86.

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FGI Industries Company Profile

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FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, Europe, and internationally. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names.

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