Short Interest in Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) Expands By 33.3%

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) was the recipient of a large 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 trading volume, of 4,100 shares, the short-interest ratio is presently 0.1 days.

Furukawa Electric Price Performance

Shares of OTCMKTS FUWAY remained flat at $21.45 during trading hours on Friday. 2 shares of the company traded hands, compared to its average volume of 3,762. Furukawa Electric has a 1 year low of $7.41 and a 1 year high of $22.18. The firm’s 50 day simple moving average is $15.90 and its two-hundred day simple moving average is $13.48.

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.