Firan Technology Group Co. (OTCMKTS:FTGFF) Short Interest Up 181.5% in May

Firan Technology Group Co. (OTCMKTS:FTGFF) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 15,992 shares, a growth of 181.5% from the April 30th total of 5,681 shares. Based on an average trading volume of 4,536 shares, the short-interest ratio is presently 3.5 days.

Firan Technology Group Trading Up 1.8%

OTCMKTS:FTGFF traded up $0.34 during midday trading on Friday, reaching $19.01. 4,171 shares of the stock traded hands, compared to its average volume of 6,638. Firan Technology Group has a 12-month low of $7.00 and a 12-month high of $19.09. The business has a 50-day moving average of $14.62 and a two-hundred day moving average of $11.81.

Firan Technology Group (OTCMKTS:FTGFF) last posted its earnings results on Wednesday, April 8th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. The firm had revenue of $34.65 million for the quarter, compared to analysts’ expectations of $32.96 million.

Firan Technology Group Company Profile

Firan Technology Group (OTCMKTS: FTGFF) is a Canadian-based provider of specialized engineering, design and manufacturing solutions serving the aerospace, defense and space markets. The company offers a comprehensive suite of services that includes custom wire harness assemblies, electrical interconnect systems, valence systems and enclosures. Firan’s integrated capabilities extend from concept and prototyping to full-scale production, environmental testing and certification support for both commercial and military applications.

Key product lines include complex cable assemblies, connectors, printed circuit board assemblies and battery management systems tailored to customer specifications.