Short Interest in Forvia SE (OTCMKTS:FURCF) Grows By 6.3%

Forvia SE (OTCMKTS:FURCF) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 183,600 shares, a growth of 6.3% from the June 30th total of 172,700 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 131.1 days.

Forvia Stock Performance

OTCMKTS FURCF remained flat at $12.00 on Thursday. 25 shares of the company’s stock traded hands, compared to its average volume of 1,263. The business has a 50 day simple moving average of $13.38 and a two-hundred day simple moving average of $15.02. Forvia has a 1 year low of $11.35 and a 1 year high of $26.00.

Forvia Announces Dividend

The company also recently declared an annual dividend, which was paid on Thursday, June 6th. Shareholders of record on Wednesday, June 5th were given a dividend of $0.50 per share. This represents a yield of 3.12%. The ex-dividend date of this dividend was Monday, June 3rd. Forvia’s dividend payout ratio (DPR) is currently 25.09%.

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.