Flexible Solutions International, Inc. (NYSE:FSI) Short Interest Up 62.6% in July

Key Points

• Short interest in Flexible Solutions International, Inc. increased by 62.6% in July, reaching a total of 21,300 shares by July 15th.
• The company's stock price rose by 4.3%, opening at $5.49 with a market capitalization of $69.37 million.
• A significant portion, 54.31%, of Flexible Solutions' stock is owned by hedge funds and institutional investors, indicating strong interest from larger investment entities.

Flexible Solutions International, Inc. (NYSE:FSI - ) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 21,300 shares, agrowthof62.6% from the June 30th total of 13,100 shares. Currently,0.3% of the company's stock are short sold. Based on an average daily trading volume, of 23,700 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 23,700 shares, the short-interest ratio is currently 0.9 days. Currently,0.3% of the company's stock are short sold.

Flexible Solutions International Trading Up 4.3%

Shares of Flexible Solutions International stock opened at $5.49 on Wednesday. Flexible Solutions International has a 1 year low of $1.65 and a 1 year high of $7.24. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.22 and a current ratio of 3.17. The company has a market capitalization of $69.37 million, a P/E ratio of 16.62 and a beta of 1.26. The company's fifty day moving average is $4.99 and its two-hundred day moving average is $5.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Strait & Sound Wealth Management LLC purchased a new position in Flexible Solutions International during the 2nd quarter worth $49,000. Citadel Advisors LLC grew its position in Flexible Solutions International by 12.6% during the 4th quarter. Citadel Advisors LLC now owns 23,213 shares of the company's stock worth $84,000 after purchasing an additional 2,590 shares during the last quarter. Essex Investment Management Co. LLC purchased a new position in Flexible Solutions International during the 1st quarter worth $134,000. Dimensional Fund Advisors LP grew its position in Flexible Solutions International by 26.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 52,499 shares of the company's stock worth $190,000 after purchasing an additional 11,017 shares during the last quarter. Finally, Evernest Financial Advisors LLC purchased a new position in Flexible Solutions International during the 1st quarter worth $310,000. 54.31% of the stock is owned by hedge funds and other institutional investors.

About Flexible Solutions International

Flexible Solutions International, Inc, together with its subsidiaries, develops, manufactures, and markets specialty chemicals that slow the evaporation of water in Canada, the United States, and internationally. The company operates in two segments, Energy and Water Conservation Products, and Biodegradable Polymers.

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