Firan Technology Group Co. (OTCMKTS:FTGFF) Sees Large Increase in Short Interest

Firan Technology Group Co. (OTCMKTS:FTGFF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 3,700 shares, a growth of 94.7% from the January 31st total of 1,900 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is presently 1.9 days.

Firan Technology Group Stock Performance

Firan Technology Group stock traded up $0.06 during trading hours on Friday, reaching $5.21. 500 shares of the company’s stock were exchanged, compared to its average volume of 1,656. The firm’s 50 day simple moving average is $5.41 and its 200 day simple moving average is $5.04. Firan Technology Group has a twelve month low of $3.62 and a twelve month high of $6.28.

Firan Technology Group (OTCMKTS:FTGFF) last released its earnings results on Wednesday, February 19th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $32.88 million for the quarter.

Firan Technology Group Company Profile

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe, and rest of Americas. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products.