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 in September. As of September 30th, there was short interest totaling 200 shares, a drop of 33.3% from the September 15th total of 300 shares. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 700 shares, the short-interest ratio is currently 0.3 days.

Analysts Set New Price Targets

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

Friedrich Vorwerk Group Stock Performance

Shares of OTCMKTS:FRVWY opened at $24.30 on Wednesday. Friedrich Vorwerk Group has a 1 year low of $6.70 and a 1 year high of $25.80. The business has a 50 day simple moving average of $23.01 and a two-hundred day simple moving average of $19.81.

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.