Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) Short Interest Update

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 400 shares, an increase of 33.3% from the November 15th total of 300 shares. Based on an average daily volume of 4,100 shares, the short-interest ratio is currently 0.1 days.

Furukawa Electric Price Performance

FUWAY stock remained flat at $21.45 during mid-day trading on Friday. 2 shares of the company’s stock were exchanged, compared to its average volume of 3,762. The business has a 50 day moving average of $15.90 and a 200 day moving average of $13.48. Furukawa Electric has a twelve month low of $7.41 and a twelve month high of $22.18.

About Furukawa Electric

Furukawa Electric Co, Ltd. manufactures and sells telecommunications, energy, automobile, electronic, and construction products worldwide. It operates through Infrastructure, Electronics & Automotive Systems, Functional Products, and Service and Developments segments. The company offers telecommunications products, such as broadband systems, routers/network equipment, and wireless products; and optical fiber cables and identifiers, optical closures/termination boxes, optical connectors/cords, fusion splicers/optical connecting tools, optical fiber line monitoring/management systems, optical active component, and metal communication cables, as well as wiring materials.