The Foschini Group Limited (OTCMKTS:FHNGY) Sees Large Increase in Short Interest

The Foschini Group Limited (OTCMKTS:FHNGY) was the recipient of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 3 shares, an increase of ∞ from the June 15th total of 0 shares. Based on an average trading volume of 78 shares, the short-interest ratio is currently 0.0 days.

The Foschini Group Stock Performance

The Foschini Group stock remained flat at $3.91 during mid-day trading on Wednesday. The Foschini Group has a 12 month low of $3.28 and a 12 month high of $7.72. The business’s fifty day simple moving average is $3.65 and its 200 day simple moving average is $4.23.

About The Foschini Group

The Foschini Group Limited, together with its subsidiaries, operates retail stores in South Africa and internationally. The company operates through TFG Africa, TFG London, and TFG Australia segments. It offers clothing, jewellery, cosmetics, cellphones, and accessories. In addition, the company provides sporting and outdoor apparel and equipment. Further, it offers homeware and furniture. The company offers its products under Home, American Swiss, Homelivingspace, Archive, Bash, The Bed Store, Connor, Coricraft, Dial-a-Bed, Exact, Fabiani, The FIX, Foschini, Galaxy & Co, Granny Goose, G-Star RAW, Hi, Hobbs, Jet, Jet Home, Johnny Bigg, Markham, Phase Eight, Relay Jeans, RFO, Rockwear, Sneaker Factory, Sportscene, Sterns, Tarocash, Totalsports, Volpes, Whistles, and YD brand names.