Short Interest in FGI Industries Ltd. (NASDAQ:FGI) Declines By 31.6%

FGI Industries Ltd. (NASDAQ:FGI) was the recipient of a large decrease in short interest in February. As of February 28th, there was short interest totalling 37,000 shares, a decrease of 31.6% from the February 13th total of 54,100 shares. Approximately 1.4% of the company’s stock are sold short. Based on an average trading volume of 8,700 shares, the short-interest ratio is presently 4.3 days.

FGI Industries Stock Up 0.5 %

Shares of NASDAQ:FGI traded up $0.00 during trading on Monday, hitting $0.82. The stock had a trading volume of 991 shares, compared to its average volume of 20,900. FGI Industries has a 12 month low of $0.70 and a 12 month high of $1.64. The company has a market capitalization of $7.79 million, a PE ratio of -27.17 and a beta of 1.23. The firm’s fifty day moving average is $0.85 and its 200 day 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.