Founder Group Limited (NASDAQ:FGL) Short Interest Update

Founder Group Limited (NASDAQ:FGL) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 19,029 shares, a decrease of 76.5% from the June 15th total of 81,042 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average daily volume of 198,857 shares, the short-interest ratio is currently 0.1 days.

Founder Group Trading Down 4.4%

NASDAQ:FGL traded down $0.06 on Monday, hitting $1.29. 21,452 shares of the stock were exchanged, compared to its average volume of 121,435. Founder Group has a 52 week low of $1.25 and a 52 week high of $143.00. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.14 and a current ratio of 1.15. The company’s 50-day moving average price is $1.77 and its 200 day moving average price is $6.63.

Founder Group (NASDAQ:FGL) last issued its earnings results on Tuesday, April 28th. The company reported ($0.02) earnings per share (EPS) for the quarter. The firm had revenue of $8.29 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings cut Founder Group from a “sell (d)” rating to a “sell (e+)” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Founder Group currently has a consensus rating of “Sell”.

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.