Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 51,600 shares, a drop of 23.2% from the December 15th total of 67,200 shares. Based on an average trading volume of 65,300 shares, the short-interest ratio is currently 0.8 days. Approximately 4.6% of the company’s shares are sold short.
Separately, TheStreet raised shares of Fuwei Films from a “d+” rating to a “c” rating in a research report on Wednesday, December 11th.
Shares of FFHL traded up $0.08 during mid-day trading on Tuesday, hitting $3.18. The company had a trading volume of 5,000 shares, compared to its average volume of 10,667. The business’s 50-day simple moving average is $2.97 and its 200-day simple moving average is $2.79. Fuwei Films has a 1-year low of $1.77 and a 1-year high of $7.37.
An institutional investor recently bought a new position in Fuwei Films stock. Virtu Financial LLC purchased a new stake in Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,332 shares of the industrial products company’s stock, valued at approximately $41,000. Virtu Financial LLC owned 0.47% of Fuwei Films as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 6.53% of the company’s stock.
Fuwei Films Company Profile
Fuwei Films (Holdings) Co, Ltd., through its subsidiaries, develops, manufactures, and distributes plastic films in the People's Republic of China. The company offers printing base films for use in printing and lamination; stamping foil base films and transfer base films for packaging of luxury items, including cigarettes and alcohol; metallized films or aluminum plating base films for use in vacuum aluminum plating for flexible plastic lamination; high-gloss films for aesthetically enhanced packaging purposes; heat-sealable films for construction, printing, and making heat sealable bags; and laser holographic base films used as anti-counterfeit films for food, medicine, cosmetics, cigarettes, and alcohol packaging.
See Also: Balance Sheet
Receive News & Ratings for Fuwei Films Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fuwei Films and related companies with MarketBeat.com's FREE daily email newsletter.