Flat Glass Group Co., Ltd. (OTCMKTS:FGSGF – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,798,900 shares, an increase 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 Stock Performance
Shares of Flat Glass Group stock opened at $1.20 on Tuesday. The stock has a 50 day moving average price of $1.36 and a 200-day moving average price of $1.45. Flat Glass Group has a one year low of $1.20 and a one year high of $1.41.
Flat Glass Group Company Profile
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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