Flat Glass Group Co., Ltd. (OTCMKTS:FGSGF – Get Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,798,900 shares, a growth of 92.7% from the April 30th total of 933,722 shares. Based on an average daily volume of 36 shares, the days-to-cover ratio is currently 49,969.4 days.
Flat Glass Group Price Performance
Shares of FGSGF opened at $1.20 on Tuesday. The business’s 50 day moving average is $1.36 and its 200 day moving average is $1.45. Flat Glass Group has a 12-month low of $1.20 and a 12-month high of $1.41.
About Flat Glass Group
Flat Glass Group Co, Ltd. operates as a comprehensive glass manufacturer, specializing in the research, development, production and sales of a broad range of glass products. Its offerings include high-precision float glass, coated glass, ultra-clear glass, tempered and laminated safety glass, insulating glass units, automotive windshields and solar photovoltaic glass. These products serve applications in construction, automotive, solar energy, electronics and packaging markets.
Headquartered in Zhengzhou, Henan Province, the company traces its origins to state-owned glass production facilities established in the latter half of the 20th century.
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