FGI Industries Ltd. (NASDAQ:FGI) Short Interest Update

FGI Industries Ltd. (NASDAQ:FGI) was the target of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 37,000 shares, a decline of 31.6% from the February 13th total of 54,100 shares. Based on an average daily volume of 8,700 shares, the short-interest ratio is currently 4.3 days. Approximately 1.4% of the shares of the company are short sold.

FGI Industries Trading Down 2.6 %

FGI opened at $0.79 on Tuesday. The stock has a market cap of $7.56 million, a PE ratio of -26.35 and a beta of 1.23. FGI Industries has a 1 year low of $0.70 and a 1 year high of $1.64. The stock’s 50 day simple moving average is $0.85 and its 200-day simple moving average is $0.84.

About FGI Industries

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.