Firan Technology Group Co. (OTCMKTS:FTGFF) Short Interest Update

Firan Technology Group Co. (OTCMKTS:FTGFF) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 62,659 shares, a growth of 194.7% from the May 31st total of 21,263 shares. Based on an average trading volume of 9,912 shares, the days-to-cover ratio is presently 6.3 days.

Firan Technology Group Stock Performance

FTGFF stock remained flat at $16.00 during trading hours on Friday. The company’s stock had a trading volume of 2,680 shares, compared to its average volume of 6,879. The firm’s 50 day simple moving average is $15.51 and its 200-day simple moving average is $12.98. Firan Technology Group has a 52-week low of $7.00 and a 52-week high of $19.09.

Firan Technology Group (OTCMKTS:FTGFF) last released its quarterly earnings results on Wednesday, April 8th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm had revenue of $34.65 million during the quarter, compared to analyst estimates of $32.96 million.

About Firan Technology Group

Firan Technology Group (OTCMKTS: FTGFF) is a Canadian-based provider of specialized engineering, design and manufacturing solutions serving the aerospace, defense and space markets. The company offers a comprehensive suite of services that includes custom wire harness assemblies, electrical interconnect systems, valence systems and enclosures. Firan’s integrated capabilities extend from concept and prototyping to full-scale production, environmental testing and certification support for both commercial and military applications.

Key product lines include complex cable assemblies, connectors, printed circuit board assemblies and battery management systems tailored to customer specifications.