Firan Technology Group Co. (OTCMKTS:FTGFF) Short Interest Up 181.5% in May

Firan Technology Group Co. (OTCMKTS:FTGFF) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 15,992 shares, an increase of 181.5% from the April 30th total of 5,681 shares. Based on an average daily trading volume, of 4,536 shares, the short-interest ratio is currently 3.5 days.

Firan Technology Group Trading Up 1.8%

Shares of OTCMKTS FTGFF traded up $0.34 during midday trading on Friday, reaching $19.01. The company had a trading volume of 4,171 shares, compared to its average volume of 6,638. The business’s 50-day simple moving average is $14.62 and its 200 day simple moving average is $11.81. Firan Technology Group has a 1 year low of $7.00 and a 1 year high of $19.09.

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

Firan Technology Group Company Profile

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.