Forvia SE (OTCMKTS:FURCF – Get Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 243,600 shares, an increase of 47.1% from the May 15th total of 165,600 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 812.0 days.
Forvia Stock Performance
FURCF stock remained flat at $9.90 on Monday. 79 shares of the company traded hands, compared to its average volume of 1,727. Forvia has a 1 year low of $6.26 and a 1 year high of $16.00. The company has a fifty day simple moving average of $7.97 and a two-hundred day simple moving average of $8.99.
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Forvia in a research note on Monday, March 3rd.
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.
Featured Articles
- Five stocks we like better than Forvia
- Compound Interest and Why It Matters When Investing
- Could Meta and Eli Lilly Trigger the Next Stock Split Boom?
- Ride Out The Recession With These Dividend Kings
- Is D-Wave’s Latest $400M Sales Agreement a Dilution Deal-Breaker?
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Iran Conflict Fuels Fertilizer Stocks’ Bullish Setup
Receive News & Ratings for Forvia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Forvia and related companies with MarketBeat.com's FREE daily email newsletter.
