FGI Industries Ltd. (NASDAQ:FGI) Short Interest Update

FGI Industries Ltd. (NASDAQ:FGI) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 89,500 shares, a decrease of 9.2% from the November 15th total of 98,600 shares. Based on an average daily trading volume, of 52,800 shares, the days-to-cover ratio is currently 1.7 days. Currently, 3.4% of the shares of the stock are short sold.

FGI Industries Trading Up 3.6 %

Shares of NASDAQ:FGI traded up $0.03 on Tuesday, hitting $0.85. The company had a trading volume of 19,431 shares, compared to its average volume of 21,011. The company has a market cap of $8.13 million, a PE ratio of -27.10 and a beta of 1.22. The business has a 50 day moving average of $0.87 and a 200 day moving average of $0.89. FGI Industries has a 52-week low of $0.70 and a 52-week high of $1.85.

FGI Industries (NASDAQ:FGI) last posted its quarterly earnings data on Monday, November 11th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.02. The business had revenue of $36.10 million during the quarter, compared to analyst estimates of $30.80 million. FGI Industries had a negative net margin of 0.27% and a positive return on equity of 0.35%. During the same quarter in the previous year, the business posted $0.05 earnings per share. As a group, equities analysts predict that FGI Industries will post -0.08 EPS for the current year.

About FGI Industries

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, Europe, and internationally. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names.