Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) Short Interest Up 566.7% in August

Friedrich Vorwerk Group SE (OTCMKTS:FRVWY) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 60 shares, a growth of 566.7% from the August 15th total of 9 shares. Based on an average daily trading volume, of 123 shares, the days-to-cover ratio is currently 0.5 days.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised shares of Friedrich Vorwerk Group from an “underperform” rating to a “hold” rating in a report on Monday, July 13th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Friedrich Vorwerk Group currently has an average rating of “Hold”.

Friedrich Vorwerk Group Price Performance

Shares of FRVWY stock opened at $20.36 on Friday. Friedrich Vorwerk Group has a 1 year low of $18.56 and a 1 year high of $30.50. The firm’s fifty day simple moving average is $19.89 and its 200 day simple moving average is $20.78.

About Friedrich Vorwerk Group

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.