Future Fintech Group Inc (NASDAQ:FTFT) Short Interest Up 43.8% in November

Future Fintech Group Inc (NASDAQ:FTFT) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 279,400 shares, an increase of 43.8% from the October 31st total of 194,300 shares. Currently, 3.9% of the shares of the company are short sold. Based on an average trading volume of 295,500 shares, the short-interest ratio is currently 0.9 days.

An institutional investor recently raised its position in Future Fintech Group stock. Citadel Advisors LLC grew its stake in shares of Future Fintech Group Inc (NASDAQ:FTFT) by 103.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 26,973 shares of the company’s stock after buying an additional 13,745 shares during the period. Citadel Advisors LLC owned approximately 0.09% of Future Fintech Group worth $33,000 as of its most recent filing with the SEC. 0.54% of the stock is owned by institutional investors.

Future Fintech Group stock traded down $0.01 on Thursday, reaching $0.52. 132,591 shares of the stock were exchanged, compared to its average volume of 252,259. Future Fintech Group has a twelve month low of $0.49 and a twelve month high of $2.85. The firm has a fifty day moving average price of $0.66 and a two-hundred day moving average price of $1.00.

Future Fintech Group Company Profile

Future FinTech Group Inc, through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the People’s Republic of China. It offers fruit juice concentrates, including fruit purees, concentrated fruit purees, and concentrated fruit juices; fruit beverages, such as fruit juice and fruit cider beverages; and other fruit-related products comprising organic and non-organic fresh fruits, dried fruits, preserved fruits, and fructose.

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