Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) Sees Large Increase in Short Interest

Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 300 shares, a growth of 200.0% from the August 31st total of 100 shares. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 0.8 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lowered shares of Friedrich Vorwerk Group to an “underperform” rating in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Friedrich Vorwerk Group currently has an average rating of “Sell”.

Friedrich Vorwerk Group Stock Performance

Shares of FRVWY stock opened at $24.79 on Friday. Friedrich Vorwerk Group has a 12 month low of $6.70 and a 12 month high of $25.80. The company’s fifty day moving average price is $23.00 and its two-hundred day moving average price is $18.92.

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.