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

Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) saw a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 300 shares, a drop of 90.0% from the January 31st total of 3,000 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is currently 0.6 days.

Friedrich Vorwerk Group Stock Performance

FRVWY stock remained flat at $8.74 during mid-day trading on Friday. Friedrich Vorwerk Group has a fifty-two week low of $5.30 and a fifty-two week high of $9.45. The firm’s fifty day moving average is $8.23 and its 200-day moving average is $7.23.

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.