Fielmann Group AG (OTCMKTS:FLMNF – Get Free Report) saw a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 18,290 shares, a drop of 61.5% from the June 15th total of 47,556 shares. Based on an average daily trading volume, of 391 shares, the days-to-cover ratio is presently 46.8 days.
Fielmann Group Price Performance
OTCMKTS:FLMNF remained flat at $49.16 during midday trading on Wednesday. Fielmann Group has a fifty-two week low of $50.75 and a fifty-two week high of $54.95. The firm’s 50 day simple moving average is $50.72 and its 200 day simple moving average is $54.12.
About Fielmann Group
Fielmann Group is a leading European optical retailer that offers a comprehensive range of eyewear products and services. The company’s core activities include the sale and fitting of prescription eyeglasses, sunglasses, contact lenses and hearing aids, supported by on-site eye examinations and lens customization. Fielmann’s vertically integrated model combines in-house frame design, lens manufacturing and retail operations to deliver a broad assortment of private-label and licensed brands at competitive prices.
Founded in 1972 by Günther Fielmann, the company has grown from a single Hamburg shop into Europe’s largest optical retailer.
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