Fujitsu Ltd. (OTCMKTS:FJTSY) Sees Large Decline in Short Interest

Key Points

• Short interest plunged 81.6% in April to 12,422 shares, producing a days‑to‑cover of 0.0 and leaving effectively 0.0% of the stock sold short.
• The ADR traded at $23.16 midday, within a one‑year range of $19.10–$30.05 and positioned between its 50‑day SMA ($22.13) and 200‑day SMA ($25.06).
• Analyst sentiment is lukewarm with an average rating of Hold; Jefferies downgraded from "strong‑buy" and UBS moved the stock to "hold."

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 12,422 shares, a decrease of 81.6% from the March 31st total of 67,668 shares. Based on an average daily volume of 1,312,632 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company's stock are sold short.

Fujitsu Price Performance

OTCMKTS:FJTSY traded down $0.06 during midday trading on Friday, reaching $23.16. The stock had a trading volume of 107,020 shares, compared to its average volume of 521,957. Fujitsu has a 1-year low of $19.10 and a 1-year high of $30.05. The firm's fifty day simple moving average is $22.13 and its 200-day simple moving average is $25.06. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.87.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Jefferies Financial Group lowered shares of Fujitsu from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 18th. UBS Group upgraded shares of Fujitsu to a "hold" rating in a research note on Monday, January 26th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of "Hold".

Fujitsu Company Profile

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu's offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.

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