How Analysts Feel About Fuling Global Inc – Ordinary Shares (NASDAQ:FORK) After Decrease in Sellers?

The stock of Fuling Global Inc – Ordinary Shares (NASDAQ:FORK) registered a decrease of 6.94% in short interest. FORK’s total short interest was 156,900 shares in December as published by FINRA. Its down 6.94% from 168,600 shares, reported previously. With 11,800 shares average volume, it will take short sellers 13 days to cover their FORK’s short positions. The short interest to Fuling Global Inc – Ordinary Shares’s float is 3.43%.

The stock increased 0.21% or $0.0073 during the last trading session, reaching $3.4773. About 1,498 shares traded. Fuling Global Inc. (NASDAQ:FORK) has declined 1.59% since December 8, 2017 and is downtrending. It has underperformed by 17.21% the S&P500.

Fuling Global Inc. produces and distributes plastic service ware in the PeopleÂ’s Republic of China. The company has market cap of $54.87 million. The firm offers disposable cutlery, including forks, knives, spoons, and utensils; drinking straws; cups and plates; and other plastics products. It has a 14.61 P/E ratio. It sells its products directly, as well as through distributors to dealers, QSRs, manufacturers, and retailers.

More notable recent Fuling Global Inc. (NASDAQ:FORK) news were published by: Nasdaq.com which released: “Global Blockchain and X2 Games Enter into Acquisition Agreement – Nasdaq” on December 04, 2018, also Nasdaq.com with their article: “Crypto Week In Review: NEM Surges, Amazon & Accenture Expand Blockchain Exposure – Nasdaq” published on November 13, 2018, Nasdaq.com published: “Bitcoin sinks as cryptocurrency sell-off gathers pace – Nasdaq” on November 26, 2018. More interesting news about Fuling Global Inc. (NASDAQ:FORK) were released by: Nasdaq.com and their article: “Higher Earners, Beware: Your Social Security Taxes Are Going Up Next Year – Nasdaq” published on October 17, 2018 as well as Nasdaq.com‘s news article titled: “Bitcoin as a Privacycoin: This Tech is Making Bitcoin More Private – Nasdaq” with publication date: September 03, 2018.

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