Short Interest in Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) Drops By 66.7%

Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 100 shares, a decrease of 66.7% from the August 15th total of 300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1.0 days.

Friedrich Vorwerk Group Stock Performance

Shares of OTCMKTS FRVWY remained flat at $6.40 during midday trading on Friday. The firm has a 50-day simple moving average of $5.29 and a two-hundred day simple moving average of $4.52. Friedrich Vorwerk Group has a 1 year low of $5.30 and a 1 year high of $6.40.

Friedrich Vorwerk Group Company Profile

Friedrich Vorwerk Group SE provides various solutions for transformation and transportation of energy in Germany and Europe. The company operates through Natural Gas, Electricity, Clean Hydrogen, and Adjacent Opportunities segments. The Natural Gas segment comprises infrastructure services and product solutions for the transport and conversion of raw natural gas into treated natural gas; and engages in transporting the natural gas through high-pressure pipelines to processing in filtering and separation plants, compressor stations, storage and measurement systems, LNG terminals, and gas pressure control and measurement systems.