The Foschini Group Limited (OTCMKTS:FHNGY) Sees Significant Growth in Short Interest

The Foschini Group Limited (OTCMKTS:FHNGY) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 3 shares, an increase of ? from the June 15th total of 0 shares. Based on an average daily volume of 78 shares, the days-to-cover ratio is currently 0.0 days.

The Foschini Group Price Performance

OTCMKTS:FHNGY remained flat at $3.91 during mid-day trading on Wednesday. The stock’s 50 day simple moving average is $3.65 and its 200-day simple moving average is $4.23. The Foschini Group has a 52-week low of $3.28 and a 52-week high of $7.72.

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.