Forvia SE (OTCMKTS:FURCF) Sees Large Decline in Short Interest

Forvia SE (OTCMKTS:FURCF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 102,594 shares, a decline of 21.3% from the December 15th total of 130,361 shares. Based on an average trading volume of 317 shares, the days-to-cover ratio is presently 323.6 days. Based on an average trading volume of 317 shares, the days-to-cover ratio is presently 323.6 days.

Analysts Set New Price Targets

A number of analysts have weighed in on FURCF shares. Barclays restated an “overweight” rating on shares of Forvia in a research report on Wednesday, December 10th. Jefferies Financial Group restated a “buy” rating on shares of Forvia in a report on Monday, October 27th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Forvia has an average rating of “Moderate Buy”.

Forvia Stock Performance

Shares of Forvia stock opened at $16.75 on Friday. Forvia has a 12 month low of $6.26 and a 12 month high of $16.75. The business’s fifty day simple moving average is $14.27 and its 200 day simple moving average is $13.26.

Forvia Company Profile

Forvia (OTCMKTS: FURCF) is a global automotive technology supplier formed through the combination of Faurecia and Hella. The company develops and manufactures a comprehensive portfolio of products and systems for vehicle interiors, emissions control and electronics. Its core offerings encompass seating structures, cockpit systems, exhaust and thermal management solutions, advanced lighting, driver assistance sensors and power electronics. Serving original equipment manufacturers (OEMs) across the automotive sector, Forvia focuses on innovation in sustainability, comfort and digitalization to meet evolving regulatory standards and consumer preferences.

With roots tracing back to the founding of Faurecia in 1997 and Hella in 1899, Forvia leverages more than a century of engineering expertise.