Short Interest in Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) Grows By 200.0%

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 300 shares, a growth of 200.0% from the October 31st total of 100 shares. Based on an average trading volume of 5,500 shares, the short-interest ratio is currently 0.1 days.

Furukawa Electric Stock Performance

OTCMKTS FUWAY remained flat at $20.40 during trading hours on Wednesday. Furukawa Electric has a 12-month low of $7.41 and a 12-month high of $20.99. The company’s fifty day moving average price is $13.47 and its 200 day moving average price is $12.76.

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.