The Foschini Group Limited (OTCMKTS:FHNGY) Short Interest Up 1,820.0% in August

The Foschini Group Limited (OTCMKTS:FHNGY) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 96 shares, a growth of 1,820.0% from the August 15th total of 5 shares. Based on an average daily volume of 48 shares, the days-to-cover ratio is currently 2.0 days.

The Foschini Group Price Performance

Shares of OTCMKTS:FHNGY remained flat at $3.24 during trading on Friday. The Foschini Group has a 52 week low of $2.93 and a 52 week high of $6.40. The firm has a 50-day moving average price of $3.42 and a 200-day moving average price of $3.75.

The Foschini Group Company Profile

The Foschini Group Limited, together with its subsidiaries, operates retail stores in South Africa and internationally. The company operates through TFG Africa, TFG London, and TFG Australia segments. It offers clothing, jewellery, cosmetics, cellphones, and accessories. In addition, the company provides sporting and outdoor apparel and equipment. Further, it offers homeware and furniture. The company offers its products under Home, American Swiss, Homelivingspace, Archive, Bash, The Bed Store, Connor, Coricraft, Dial-a-Bed, Exact, Fabiani, The FIX, Foschini, Galaxy & Co, Granny Goose, G-Star RAW, Hi, Hobbs, Jet, Jet Home, Johnny Bigg, Markham, Phase Eight, Relay Jeans, RFO, Rockwear, Sneaker Factory, Sportscene, Sterns, Tarocash, Totalsports, Volpes, Whistles, and YD brand names.