Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) Short Interest Up 200.0% in November

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 300 shares, an increase of 200.0% from the October 31st total of 100 shares. Based on an average daily volume of 5,500 shares, the short-interest ratio is presently 0.1 days.

Furukawa Electric Price Performance

OTCMKTS:FUWAY remained flat at $20.40 during trading hours on Friday. The firm’s fifty day simple moving average is $13.84 and its 200-day simple moving average is $12.87. Furukawa Electric has a fifty-two week low of $7.41 and a fifty-two week high of $20.99.

About Furukawa Electric

Furukawa Electric Co, Ltd. manufactures and sells telecommunications, energy, automobile, electronic, and construction products worldwide. It operates through Infrastructure, Electronics & Automotive Systems, Functional Products, and Service and Developments segments. The company offers telecommunications products, such as broadband systems, routers/network equipment, and wireless products; and optical fiber cables and identifiers, optical closures/termination boxes, optical connectors/cords, fusion splicers/optical connecting tools, optical fiber line monitoring/management systems, optical active component, and metal communication cables, as well as wiring materials.