Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) Short Interest Up ∞ in August

Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 9 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily volume of 122 shares, the days-to-cover ratio is currently 0.1 days.

Friedrich Vorwerk Group Price Performance

Shares of FRVWY remained flat at $21.04 during mid-day trading on Friday. 43 shares of the stock traded hands, compared to its average volume of 622. The company has a fifty day moving average of $19.83 and a 200-day moving average of $21.04. Friedrich Vorwerk Group has a 12 month low of $18.56 and a 12 month high of $30.50.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised Friedrich Vorwerk Group from an “underperform” rating to a “hold” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Friedrich Vorwerk Group Company Profile

Friedrich Vorwerk Group SE provides various solutions for transformation and transportation of energy in Germany and Europe. The company operates through Natural Gas, Electricity, Clean Hydrogen, and Adjacent Opportunities segments. The Natural Gas segment comprises infrastructure services and product solutions for the transport and conversion of raw natural gas into treated natural gas; and engages in transporting the natural gas through high-pressure pipelines to processing in filtering and separation plants, compressor stations, storage and measurement systems, LNG terminals, and gas pressure control and measurement systems.