Forvia SE (OTCMKTS:FURCF) Short Interest Up 29.1% in August

Forvia SE (OTCMKTS:FURCF) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 176,200 shares, an increase of 29.1% from the August 15th total of 136,500 shares. Based on an average daily volume of 1,300 shares, the days-to-cover ratio is presently 135.5 days.

Forvia Stock Down 2.6 %

Shares of FURCF traded down $0.25 during trading hours on Monday, reaching $9.25. 256 shares of the company traded hands, compared to its average volume of 1,446. The stock’s fifty day moving average price is $10.89 and its 200 day moving average price is $13.39. Forvia has a 12-month low of $9.25 and a 12-month high of $23.16.

Forvia Company Profile

Forvia SE, together with its subsidiaries, manufactures and sells automotive technology solutions in France, Germany, other European countries, the Americas, Asia, and internationally. It operates through Seating, Clean Mobility, Electronics, Lighting, and Lifecycle Solutions segments. The Seating segment designs and manufactures vehicle seats, seating frames, and comfort solutions, as well as adjustment mechanisms.