Founder Group Limited (NASDAQ:FGL) Short Interest Down 90.3% in February

Founder Group Limited (NASDAQ:FGL) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 30,723 shares, a decrease of 90.3% from the January 29th total of 316,307 shares. Currently, 16.2% of the shares of the company are sold short. Based on an average daily volume of 297,495 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 297,495 shares, the days-to-cover ratio is currently 0.1 days. Currently, 16.2% of the shares of the company are sold short.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FGL shares. Weiss Ratings reissued a “sell (d)” rating on shares of Founder Group in a report on Monday, December 29th. Wall Street Zen raised shares of Founder Group to a “hold” rating in a research report on Saturday, February 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

Founder Group Trading Up 5.6%

FGL stock opened at $12.25 on Thursday. The business’s fifty day moving average price is $15.01. Founder Group has a fifty-two week low of $7.03 and a fifty-two week high of $155.00. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 1.07.

About Founder Group

Founder Group is a diversified investment holding company originally established in 1986 by Peking University. The group traces its roots to one of China’s leading academic institutions and has since evolved into a state-owned enterprise focused on fostering innovation and technology commercialization. Leveraging its academic heritage, Founder Group has built a network of subsidiaries and affiliates across a range of high-growth industries.

The company’s main business activities span information technology and digital printing, including integrated circuit design, software development and advanced printing solutions.