FGI Industries Ltd. (NASDAQ:FGIWW) Sees Significant Drop in Short Interest

FGI Industries Ltd. (NASDAQ:FGIWW) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 4,900 shares, a drop of 5.8% from the March 31st total of 5,200 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 7.0 days.

FGI Industries Trading Down 15.7 %

Shares of NASDAQ:FGIWW opened at $0.10 on Tuesday. FGI Industries has a 52-week low of $0.10 and a 52-week high of $0.33. The company has a 50-day simple moving average of $0.16 and a 200 day simple moving average of $0.17.

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.