Forvia SE (OTCMKTS:FURCF) Sees Significant Drop in Short Interest

Forvia SE (OTCMKTS:FURCF) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 381,800 shares, a decline of 10.3% from the October 31st total of 425,700 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 1,909.0 days.

Forvia Stock Performance

FURCF traded down $0.11 during trading hours on Tuesday, hitting $8.38. 260 shares of the stock were exchanged, compared to its average volume of 1,534. The stock has a 50-day simple moving average of $9.53 and a 200-day simple moving average of $11.26. Forvia has a 12 month low of $8.38 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.