FURUKAWA ELEC LTD ORDINARY SHARES (OTCMKTS:FUWAF) Has Decline in Shorts

The stock of FURUKAWA ELEC LTD ORDINARY SHARES (OTCMKTS:FUWAF) registered a decrease of 34.03% in short interest. FUWAF’s total short interest was 180,100 shares in August as published by FINRA. Its down 34.03% from 273,000 shares, reported previously. With 100 shares average volume, it will take short sellers 1801 days to cover their FUWAF’s short positions.

It closed at $29.46 lastly. It is up 0.00% since August 15, 2018 and is . It has by 0.00% the S&P500.

Furukawa Electric Co., Ltd. manufactures and sells telecommunications, energy, automobile, electronic parts, and construction products worldwide. The company has market cap of $1.56 billion. The firm offers telecommunications products, such as broadband systems, routers/network equipment, optical fiber sensing systems, and wireless products; and optical fiber cables and identifiers, optical closures/termination boxes, optical connectors/cords, fusion splicers/optical connecting tools, optical fiber line monitoring/management systems, optical component/devices, and metal communication cables, as well as wiring materials. It currently has negative earnings. It also offers energy products, including power cables, cable-related equipment/connection and terminal products, industrial machine-related equipment, fire-prevention products, electrical conductors, power distribution products, and cable conduit materials; and automobile products comprising wire harnesses, connectors, functional products and materials, and interior finishing materials.

Another recent and important Furukawa Electric Co., Ltd. (OTCMKTS:FUWAF) news was published by Seekingalpha.com which published an article titled: “Furukawa Electric Co., Ltd. ADR 2017 Q3 – Results – Earnings Call Slides – Seeking Alpha” on February 07, 2018.

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