The Foschini Group Limited (OTC:FHNGY) Short Interest Update

The Foschini Group Limited (OTC:FHNGY) saw a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 400 shares, a drop of 55.6% from the August 31st total of 900 shares. Based on an average daily volume of 3,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 3,500 shares, the short-interest ratio is presently 0.1 days.

The Foschini Group Price Performance

Shares of OTC FHNGY opened at $6.40 on Friday. The stock has a 50-day moving average price of $6.28 and a two-hundred day moving average price of $6.76. The Foschini Group has a 12 month low of $5.38 and a 12 month high of $10.09.

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.