Flat Glass Group Co., Ltd. (OTCMKTS:FGSGF) Sees Large Decrease in Short Interest

Flat Glass Group Co., Ltd. (OTCMKTS:FGSGF) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 1,858,900 shares, a drop of 40.9% from the February 13th total of 3,143,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 18,589.0 days.

Flat Glass Group Stock Performance

Shares of FGSGF remained flat at $1.46 during midday trading on Friday. The company has a 50-day simple moving average of $1.46 and a 200-day simple moving average of $1.49. Flat Glass Group has a fifty-two week low of $1.46 and a fifty-two week high of $1.50.

About Flat Glass Group

Flat Glass Group Co, Ltd., together with its subsidiaries, engages in the manufacture and sale of glass products in the People’s Republic of China, the rest of Asia, Europe, North America, and internationally. The company offers photovoltaic glass, float glass, architectural glass, and household glass products.