Forvia SE (OTCMKTS:FURCF) Sees Large Growth in Short Interest

Forvia SE (OTCMKTS:FURCF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 176,200 shares, an increase of 29.1% from the August 15th total of 136,500 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 135.5 days.

Forvia Price Performance

OTCMKTS FURCF traded down $0.25 during trading hours on Monday, hitting $9.25. The company’s stock had a trading volume of 256 shares, compared to its average volume of 1,446. Forvia has a 12 month low of $9.25 and a 12 month high of $23.16. The company’s 50 day simple moving average is $10.89 and its two-hundred day simple moving average is $13.39.

Forvia Company Profile

Forvia SE, together with its subsidiaries, manufactures and sells automotive technology solutions in France, Germany, other European countries, the Americas, Asia, and internationally. It operates through Seating, Clean Mobility, Electronics, Lighting, and Lifecycle Solutions segments. The Seating segment designs and manufactures vehicle seats, seating frames, and comfort solutions, as well as adjustment mechanisms.