Fuji Electric Co., Ltd. - Unsponsored ADR (OTCMKTS:FELTY) Sees Large Increase in Short Interest

Key Points

• Fuji Electric Co., Ltd. experienced a 53.8% increase in short interest in August, totaling 20,300 shares as of August 31st.
• The company's share price rose by 0.7% to $16.82, with a trading volume significantly below its average of 34,092 shares.
• Zacks Research upgraded Fuji Electric's rating from "strong sell" to "hold," with a consensus rating of "Hold" from analysts.

Fuji Electric Co., Ltd. - Unsponsored ADR (OTCMKTS:FELTY - Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 20,300 shares, a growth of 53.8% from the August 15th total of 13,200 shares. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 0.7 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 0.7 days.

Fuji Electric Price Performance

Fuji Electric stock traded down $0.20 during trading hours on Friday, hitting $16.81. The stock had a trading volume of 4,972 shares, compared to its average volume of 16,711. The stock has a market capitalization of $9.91 billion and a price-to-earnings ratio of 0.07. Fuji Electric has a 1-year low of $7.92 and a 1-year high of $17.66. The stock's fifty day moving average is $14.90 and its two-hundred day moving average is $12.31.

Analyst Ratings Changes

Separately, Zacks Research raised Fuji Electric from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Fuji Electric currently has a consensus rating of "Hold".

About Fuji Electric

Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.