Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) Short Interest Update

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 161,745 shares, a growth of 130.4% from the August 31st total of 70,217 shares. Based on an average trading volume of 353,274 shares, the short-interest ratio is presently 0.5 days.

Furukawa Electric Stock Up 0.1%

FUWAY traded up $0.01 on Friday, hitting $12.20. The company had a trading volume of 51,889 shares, compared to its average volume of 98,457. The company’s fifty day moving average price is $11.89 and its 200 day moving average price is $86.99. Furukawa Electric has a 1-year low of $2.90 and a 1-year high of $19.07.

About Furukawa Electric

Furukawa Electric Co, Ltd. is a Japanese manufacturer of electrical and communications products serving the energy, telecommunications, automotive, industrial and electronics markets. The company develops and produces optical fiber and fiber-optic cables, network equipment, power transmission and distribution cables, and related infrastructure products.

Its product portfolio also includes automotive wiring harnesses and components, electrical connectors, heat-dissipation products, semiconductor-related materials, industrial equipment and other advanced materials.