Fielmann Group AG (OTCMKTS:FLMNF) Short Interest Down 61.5% in June

Fielmann Group AG (OTCMKTS:FLMNF) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 18,290 shares, a decrease of 61.5% from the June 15th total of 47,556 shares. Based on an average daily volume of 391 shares, the short-interest ratio is presently 46.8 days.

Fielmann Group Stock Down 3.1%

FLMNF stock traded down $1.59 during midday trading on Tuesday, hitting $49.16. 10 shares of the stock traded hands, compared to its average volume of 158. The stock’s fifty day simple moving average is $50.75 and its 200-day simple moving average is $54.20. Fielmann Group has a 1-year low of $50.75 and a 1-year high of $54.95.

About Fielmann Group

Fielmann Group is a leading European optical retailer that offers a comprehensive range of eyewear products and services. The company’s core activities include the sale and fitting of prescription eyeglasses, sunglasses, contact lenses and hearing aids, supported by on-site eye examinations and lens customization. Fielmann’s vertically integrated model combines in-house frame design, lens manufacturing and retail operations to deliver a broad assortment of private-label and licensed brands at competitive prices.

Founded in 1972 by Günther Fielmann, the company has grown from a single Hamburg shop into Europe’s largest optical retailer.