Fujifilm Holdings Corp. (OTCMKTS:FUJIY) Sees Significant Increase in Short Interest

Key Points

• Fujifilm Holdings Corp. experienced a dramatic increase in short interest, rising by 278.9% from the previous month, totaling 34,100 shares as of July 15th.
• The company's stock reached $10.48 during trading, with a 12-month range between $8.69 and $13.88, while maintaining a market capitalization of $26.07 billion.
• Fujifilm reported a quarterly earnings per share (EPS) of $0.22, exceeding expectations, and was subsequently downgraded from a "buy" to a "hold" rating by analysts.

Fujifilm Holdings Corp. (OTCMKTS:FUJIY - Get Free Report) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 34,100 shares, anincreaseof278.9% from the June 30th total of 9,000 shares. Based on an average daily volume of 310,800 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 310,800 shares, the short-interest ratio is presently 0.1 days.

Fujifilm Stock Performance

Fujifilm stock traded up $0.15 during mid-day trading on Friday, hitting $10.48. The company had a trading volume of 170,827 shares, compared to its average volume of 170,643. The company has a current ratio of 1.40, a quick ratio of 0.92 and a debt-to-equity ratio of 0.14. Fujifilm has a 12-month low of $8.69 and a 12-month high of $13.88. The company's fifty day moving average is $10.65 and its 200-day moving average is $10.40. The company has a market capitalization of $26.07 billion, a price-to-earnings ratio of 9.36, a P/E/G ratio of 3.18 and a beta of 0.67.

Fujifilm (OTCMKTS:FUJIY - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The technology company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.18 by $0.04. Fujifilm had a return on equity of 7.84% and a net margin of 8.15%. The business had revenue of $6.06 billion for the quarter, compared to analyst estimates of $822.51 billion. Equities research analysts predict that Fujifilm will post 0.66 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Fujifilm from a "buy" rating to a "hold" rating in a research report on Friday, May 23rd.

About Fujifilm

FUJIFILM Holdings Corporation develops, manufactures, sells, and services imaging, healthcare, materials, and business innovation solutions worldwide. The company's Healthcare segment provides products and services, such as medical devices, biomedical contract development and manufacturing organization, pharmaceutical, regenerative medicine, and cosmetics and supplements in the areas of prevention, diagnosis, and treatment.

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