Foxby Corp. (OTCMKTS:FXBY) Sees Significant Increase in Short Interest

Foxby Corp. (OTCMKTS:FXBY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 325 shares, an increase of 577.1% from the April 30th total of 48 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 586 shares, the days-to-cover ratio is currently 0.6 days.

Foxby Stock Performance

FXBY stock remained flat at $22.80 during midday trading on Friday. 1,125 shares of the company traded hands, compared to its average volume of 547. The company’s fifty day moving average is $21.53 and its two-hundred day moving average is $22.37. Foxby has a 52 week low of $15.96 and a 52 week high of $30.00.

Foxby Company Profile

Foxby Corp. is a closed ended equity mutual fund launched and managed by CEF Advisers, Inc The fund invests in the public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It was formerly known as LCM Internet Growth Fund, Inc Foxby Corp. was formed on August 24, 1998 and is domiciled in the United States.