Fujitsu Ltd. (OTCMKTS:FJTSY) Sees Significant Growth in Short Interest

Key Points

• Fujitsu Ltd. saw a dramatic increase in short interest of 419.0% in August, with short sales rising from 52,200 to 270,900 shares.
• The company's stock price declined by 0.3% to $25.65, with a trading volume of 133,605 shares compared to an average of 192,937 shares.
• Fujitsu reported earnings of $0.11 per share for the last quarter, missing expectations by $0.03, with total revenue of $5.05 billion, below the anticipated $5.20 billion.

Fujitsu Ltd. (OTCMKTS:FJTSY - Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 270,900 shares, an increase of 419.0% from the August 15th total of 52,200 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 268,900 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 268,900 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the company's stock are short sold.

Fujitsu Stock Performance

Shares of FJTSY traded down $0.16 during trading hours on Wednesday, hitting $25.07. The company had a trading volume of 95,030 shares, compared to its average volume of 192,105. Fujitsu has a one year low of $16.50 and a one year high of $26.00. The company's fifty day moving average price is $23.38 and its two-hundred day moving average price is $22.29. The company has a current ratio of 1.57, a quick ratio of 1.41 and a debt-to-equity ratio of 0.05.

Fujitsu (OTCMKTS:FJTSY - Get Free Report) last announced its earnings results on Wednesday, July 30th. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.03). Fujitsu had a return on equity of 17.48% and a net margin of 8.72%.The business had revenue of $5.05 billion for the quarter, compared to analysts' expectations of $5.20 billion. Equities research analysts expect that Fujitsu will post 0.81 EPS for the current fiscal year.

About Fujitsu

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.