Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) Short Interest Up 248.8% in July

Fuyao Glass Industry Group Co., Ltd. (OTCMKTS:FYGGY) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,262 shares, an increase of 248.8% from the July 15th total of 1,222 shares. Based on an average daily trading volume, of 7,943 shares, the days-to-cover ratio is currently 0.5 days.

Fuyao Glass Industry Group Stock Performance

OTCMKTS FYGGY remained flat at $1.80 during trading hours on Thursday. 5,666 shares of the company were exchanged, compared to its average volume of 39,419. Fuyao Glass Industry Group has a 1-year low of $1.50 and a 1-year high of $2.69. The firm has a 50-day simple moving average of $1.71 and a 200 day simple moving average of $1.91.

About Fuyao Glass Industry Group

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.