Short Interest in Faurecia S.E. (OTCMKTS:FURCF) Declines By 13.4%

from the March 15th total of 169,000 shares. Based on an average daily volume of 5,540,000 shares, the short-interest ratio is presently 0.0. This indicates that short-sellers are no longer targeting Faurecia S.E. as heavily as they were at the beginning of March.

( ) has been the subject of a significant drop in short interest during the month of march. On March 31, there were 147,000 shorted shares, which is a 13.4% drop from the total of 169.800 shares on March 15. The short-interest rate is currently 735.0 days based on an average trading of 200 shares.

Analyst Ratings Changes

Recently, a number of analysts weighed in about the stock. Morgan Stanley reduced shares of Faurecia S.E. In a report published on Monday, 13th March, Morgan Stanley changed the rating from 'overweight to equal weight'. Jefferies Financial Group reduced shares of Faurecia S.E. From a buy' to an underperform rating, Jefferies Financial Group set a price target of $15.00 for the stock. In a report published on Friday, 20th January. Finaly, Deutsche Bank Aktiengesellschaft raised their price target on shares of Faurecia S.E. In a report published on Tuesday, 10th January, the stock was upgraded from EUR25.00 (27.17) up to EUR27.00 (29.35). Two analysts gave the stock a sell recommendation, two a hold recommendation and four a buy recommendation. data shows that Faurecia S.E. During trading hours, the stock fell $2.28 to $22.58. The 52-week low is $10.00, and the 52-week high is $27.89. The fifty-day simple moving is $21.85 while the two-hundred simple moving is $17.53.

Faurecia S.E.

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Faurecia SE, a holding company that manufactures and supplies automotive components. The company operates in four segments: Seating Interiors Clean Mobility and Clair Electronics. Seating designs and manufactures vehicle seats and frames, as well as adjustment mechanisms.

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