FGI Industries Ltd. (NASDAQ:FGIWW) Sees Large Decrease in Short Interest

FGI Industries Ltd. (NASDAQ:FGIWW) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 36,481 shares, a decline of 41.6% from the July 15th total of 62,460 shares. Based on an average trading volume of 123,404 shares, the short-interest ratio is presently 0.3 days.

FGI Industries Price Performance

NASDAQ FGIWW traded down $0.03 during trading on Tuesday, hitting $0.08. 4,555 shares of the company’s stock traded hands, compared to its average volume of 44,732. FGI Industries has a 12-month low of $0.01 and a 12-month high of $1.86. The business has a 50 day moving average of $0.13 and a 200-day moving average of $0.07.

FGI Industries Company Profile

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.