Short Interest in Future Fintech Group Inc (NASDAQ:FTFT) Decreases By 10.1%

Future Fintech Group Inc (NASDAQ:FTFT) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 234,400 shares, a drop of 10.1% from the August 31st total of 260,600 shares. Based on an average daily volume of 358,900 shares, the short-interest ratio is currently 0.7 days. Currently, 1.5% of the shares of the company are sold short.

Shares of NASDAQ FTFT opened at $2.13 on Friday. The business’s 50 day moving average price is $2.17 and its two-hundred day moving average price is $1.62. Future Fintech Group has a twelve month low of $0.42 and a twelve month high of $3.74.

Future Fintech Group (NASDAQ:FTFT) last issued its earnings results on Monday, July 6th. The company reported ($0.20) EPS for the quarter. The firm had revenue of $0.20 million during the quarter.

About Future Fintech Group

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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