Fielmann Group AG (OTCMKTS:FLMNY) Short Interest Down 98.4% in January

Fielmann Group AG (OTCMKTS:FLMNY) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 33 shares, a decline of 98.4% from the December 31st total of 2,071 shares. Based on an average daily volume of 3 shares, the days-to-cover ratio is presently 11.0 days. Based on an average daily volume of 3 shares, the days-to-cover ratio is presently 11.0 days.

Fielmann Group Trading Down 2.6%

Shares of FLMNY traded down $0.25 during midday trading on Wednesday, hitting $9.50. The stock had a trading volume of 1,200 shares, compared to its average volume of 1,900. The stock’s 50 day moving average is $11.05 and its 200 day moving average is $12.04. Fielmann Group has a 1 year low of $9.50 and a 1 year high of $14.17.

About Fielmann Group

Fielmann Group is a European eyewear retailer headquartered in Hamburg, Germany. Established in 1972 by Günther Fielmann, the company has grown to become one of the continent’s largest integrated optical providers. Fielmann’s core operations encompass the design, manufacture and retail of prescription frames, sunglasses, contact lenses and hearing aids. The group operates a network of over 800 retail stores across more than ten European countries, serving a broad customer base with a focus on quality and value.

Fielmann’s business model combines a vertically integrated supply chain with a retail‐led distribution network.