FGI Industries Ltd. (NASDAQ:FGIWW) Short Interest Up 113.7% in July

FGI Industries Ltd. (NASDAQ:FGIWW) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 62,460 shares, a growth of 113.7% from the June 30th total of 29,231 shares. Based on an average daily volume of 57,071 shares, the days-to-cover ratio is currently 1.1 days.

FGI Industries Stock Down 86.5%

FGIWW stock traded down $1.47 during trading hours on Tuesday, hitting $0.23. 92,086 shares of the stock were exchanged, compared to its average volume of 37,526. The company has a 50-day simple moving average of $0.10 and a two-hundred day simple moving average of $0.06. FGI Industries has a 12 month low of $0.01 and a 12 month high of $1.86.

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.