Short Interest in Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Declines By 58.8%

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 5,561 shares, a decline of 58.8% from the April 15th total of 13,496 shares. Based on an average daily trading volume, of 39,553 shares, the days-to-cover ratio is presently 0.1 days.

Fuyao Glass Industry Group Stock Performance

Shares of Fuyao Glass Industry Group stock traded up $0.00 during trading on Friday, reaching $1.99. The company’s stock had a trading volume of 9,520 shares, compared to its average volume of 41,356. The company has a 50-day moving average price of $1.97 and a two-hundred day moving average price of $2.10. Fuyao Glass Industry Group has a fifty-two week low of $1.53 and a fifty-two week high of $2.69.

Fuyao Glass Industry Group Company Profile

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.