Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) Stock Short Interest Report for October

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 7,685 shares, a drop of 88.5% from the October 15th total of 66,705 shares. Based on an average daily trading volume, of 442,449 shares, the days-to-cover ratio is currently 0.0 days.

Furukawa Electric Stock Down 4.2%

Furukawa Electric stock traded down $0.32 during midday trading on Thursday, reaching $7.24. The stock had a trading volume of 171,388 shares, compared to its average volume of 123,191. The firm’s fifty day simple moving average is $11.10 and its 200-day simple moving average is $70.77. Furukawa Electric has a 1-year low of $2.90 and a 1-year high of $19.07.

About Furukawa Electric

Furukawa Electric Co., Ltd. is a Japanese technology and manufacturing company that develops products and systems for telecommunications, energy infrastructure, automotive applications and industrial markets. The company serves customers through operations in Japan and international markets, supported by manufacturing, research and sales activities around the world. Its product portfolio includes optical fiber, fiber-optic cables and components, telecommunications equipment, network solutions, power cables and related infrastructure products.