Firan Technology Group Co. (OTCMKTS:FTGFF) Sees Large Growth in Short Interest

Firan Technology Group Co. (OTCMKTS:FTGFFGet Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 62,659 shares, a growth of 194.7% from the May 31st total of 21,263 shares. Based on an average daily volume of 9,912 shares, the days-to-cover ratio is currently 6.3 days.

Firan Technology Group Stock Performance

OTCMKTS:FTGFF remained flat at $16.00 during mid-day trading on Friday. The company’s stock had a trading volume of 2,680 shares, compared to its average volume of 6,879. Firan Technology Group has a 1 year low of $7.00 and a 1 year high of $19.09. The company has a fifty day moving average price of $15.51 and a two-hundred day moving average price of $12.98.

Firan Technology Group (OTCMKTS:FTGFFGet Free Report) last posted its earnings results on Wednesday, April 8th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $34.65 million for the quarter, compared to analyst estimates of $32.96 million.

Firan Technology Group Company Profile

(Get Free Report)

Firan Technology Group (OTCMKTS: FTGFF) is a Canadian-based provider of specialized engineering, design and manufacturing solutions serving the aerospace, defense and space markets. The company offers a comprehensive suite of services that includes custom wire harness assemblies, electrical interconnect systems, valence systems and enclosures. Firan’s integrated capabilities extend from concept and prototyping to full-scale production, environmental testing and certification support for both commercial and military applications.

Key product lines include complex cable assemblies, connectors, printed circuit board assemblies and battery management systems tailored to customer specifications.

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