Fanuc Co. (OTCMKTS:FANUY) Sees Large Drop in Short Interest

Fanuc Co. (OTCMKTS:FANUY) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 63,200 shares, a drop of 43.3% from the February 28th total of 111,500 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 513,300 shares, the days-to-cover ratio is presently 0.1 days.

Fanuc Price Performance

FANUY stock traded down $0.46 during trading on Friday, reaching $14.13. 192,712 shares of the stock traded hands, compared to its average volume of 392,636. The business’s 50 day moving average price is $14.64 and its 200-day moving average price is $13.84. The firm has a market capitalization of $28.13 billion, a PE ratio of 28.84, a P/E/G ratio of 2.62 and a beta of 0.84. Fanuc has a 52-week low of $12.46 and a 52-week high of $15.50.

Fanuc (OTCMKTS:FANUY) last posted its quarterly earnings results on Monday, January 27th. The industrial products company reported $0.12 EPS for the quarter, beating the consensus estimate of $0.11 by $0.01. Fanuc had a net margin of 17.59% and a return on equity of 7.98%. On average, equities research analysts predict that Fanuc will post 0.46 earnings per share for the current year.

Fanuc Company Profile

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.