The Foschini Group Limited (OTCMKTS:FHNGY) Stock Short Interest Drops 95.8%

The Foschini Group Limited (OTCMKTS:FHNGY) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 4 shares, a drop of 95.8% from the August 31st total of 96 shares. Based on an average daily volume of 203 shares, the short-interest ratio is presently 0.0 days.

The Foschini Group Stock Performance

Shares of The Foschini Group stock remained flat at $2.95 during mid-day trading on Thursday. The stock has a 50-day moving average price of $3.25 and a 200-day moving average price of $3.63. The Foschini Group has a 12 month low of $2.93 and a 12 month high of $6.40.

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. Further, it offers homeware and furniture. The company offers its products under Home, American Swiss, Homelivingspace, Archive, Bash, The Bed Store, Connor, Coricraft, Dial-a-Bed, Exact, Fabiani, The FIX, Foschini, Galaxy & Co, Granny Goose, G-Star RAW, Hi, Hobbs, Jet, Jet Home, Johnny Bigg, Markham, Phase Eight, Relay Jeans, RFO, Rockwear, Sneaker Factory, Sportscene, Sterns, Tarocash, Totalsports, Volpes, Whistles, and YD brand names.