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Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Down 52.7% in September

Fujitsu logo with Computer and Technology background

Key Points

  • Fujitsu Ltd. saw a significant decrease in short interest, dropping by 52.7% in September, with total short interest of 128,100 shares as of September 15th.
  • The company's stock increased by 6.1% to $24.42, with a trading volume of 160,937 shares compared to its average volume of 119,609.
  • In its last quarterly earnings report, Fujitsu reported an EPS of $0.11, falling short of analysts' estimates of $0.14, with revenues of $5.05 billion.
  • MarketBeat previews the top five stocks to own by November 1st.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 128,100 shares, a decrease of 52.7% from the August 31st total of 270,900 shares. Based on an average daily volume of 479,200 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 479,200 shares, the short-interest ratio is currently 0.3 days.

Fujitsu Trading Up 6.1%

FJTSY stock traded up $1.40 during midday trading on Friday, hitting $24.42. The company's stock had a trading volume of 160,937 shares, compared to its average volume of 119,609. The company's fifty day moving average price is $24.01 and its 200 day moving average price is $22.62. The company has a quick ratio of 1.41, a current ratio of 1.57 and a debt-to-equity ratio of 0.05. Fujitsu has a twelve month low of $16.50 and a twelve month high of $26.00.

Fujitsu (OTCMKTS:FJTSY - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The technology company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.03). The firm had revenue of $5.05 billion for the quarter, compared to the consensus estimate of $5.20 billion. As a group, sell-side analysts anticipate that Fujitsu will post 0.81 EPS for the current year.

Fujitsu Company Profile

(Get Free Report)

Fujitsu Limited operates as an information and communication technology company in Japan and internationally. The company operates through three segments: Technology Solutions, Ubiquitous Solutions, and Device Solutions. The company offers multi cloud and hybrid IT services; assessment and consultative services; SAP landscape transformation services; new workplace; datacentre products comprising integrated systems, storage solutions, servers, network switches, and infrastructure management; workplace products including notebooks, tablet PC's, desktop PC's, workstations, thin clients, displays, and peripheral devices; consumption based IT services; installation and implementation services; and hardware, software, and infrastructure support services, as well as electronic devices, air conditioning products, and network solutions.

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