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

Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) was the recipient of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 400 shares, a growth of 300.0% from the July 15th total of 100 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 4.0 days.

Friedrich Vorwerk Group Stock Performance

Shares of FRVWY remained flat at $5.30 during midday trading on Tuesday. The company has a 50-day simple moving average of $4.37 and a 200-day simple moving average of $4.20. Friedrich Vorwerk Group has a 1-year low of $5.30 and a 1-year high of $5.34.

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.