Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) Short Interest Update

Furukawa Electric Co., Ltd. (OTCMKTS:FUWAY) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 800 shares, a growth of 33.3% from the February 29th total of 600 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 1.1 days.

Furukawa Electric Trading Down 2.6 %

Shares of FUWAY stock opened at $10.64 on Monday. Furukawa Electric has a 12 month low of $7.41 and a 12 month high of $10.93. The company’s fifty day moving average price is $9.54 and its two-hundred day moving average price is $8.42.

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.