Forvia SE (OTCMKTS:FURCF) Short Interest Up 29.1% in August

Forvia SE (OTCMKTS:FURCF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 176,200 shares, a growth of 29.1% from the August 15th total of 136,500 shares. Based on an average daily trading volume, of 1,300 shares, the short-interest ratio is presently 135.5 days.

Forvia Trading Down 2.6 %

Shares of OTCMKTS FURCF traded down $0.25 during trading on Monday, reaching $9.25. The company had a trading volume of 256 shares, compared to its average volume of 1,446. Forvia has a 12-month low of $9.25 and a 12-month high of $23.16. The business’s 50-day moving average is $10.89 and its 200 day moving average is $13.39.

About Forvia

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.