Ford Otomotiv Sanayi A.S. (OTCMKTS:FOVSY – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 14 shares, a drop of 84.4% from the June 15th total of 90 shares. Based on an average daily trading volume, of 9 shares, the short-interest ratio is currently 1.6 days.
Ford Otomotiv Sanayi A.S. Stock Performance
OTCMKTS:FOVSY remained flat at $9.00 during mid-day trading on Friday. The firm has a 50 day moving average price of $10.05 and a 200-day moving average price of $11.58. Ford Otomotiv Sanayi A.S. has a 12 month low of $9.00 and a 12 month high of $15.80.
About Ford Otomotiv Sanayi A.S.
Ford Otomotiv Sanayi A.Ş., commonly known as Ford Otosan, is a Turkey‐based automotive manufacturer formed as a joint venture between Ford Motor Company and Koç Holding. The company focuses on the design, engineering, production and distribution of commercial vehicles, diesel engines and associated spare parts. Since its establishment in the 1970s, Ford Otosan has grown into one of Turkey’s largest industrial enterprises, with operations that span the full vehicle lifecycle from research and development to delivery of aftermarket solutions.
Ford Otosan’s product portfolio is anchored by the Ford Transit family of light commercial vehicles, including Transit, Transit Custom, Transit Connect and Transit Courier models.
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