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

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

Furukawa Electric Price Performance

Shares of OTCMKTS:FUWAY remained flat at $21.45 during midday trading on Friday. Furukawa Electric has a 52-week low of $7.41 and a 52-week high of $22.18. The company has a 50-day moving average of $16.11 and a two-hundred day moving average of $13.55.

Furukawa Electric Company Profile

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.