FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY) Shares Shorted: Short Interest Up 51.5% in September

Key Points

• Short interest in FUCHS rose 51.5% to 9,132 shares as of September 15, up from 6,028 shares at the end of August. Despite the increase, short interest represents 0.0% of shares outstanding, with a short-interest ratio of 0.8 days.
• FUCHS reported quarterly EPS of $0.19, exceeding the $0.17 consensus estimate, while revenue of $1.23 billion also topped expectations. Analysts forecast full-year EPS of $0.74.
• The stock carries a “Moderate Buy” consensus rating, with one Strong Buy, two Buy, and two Hold ratings; shares opened at $12.11, near their 12-month high of $12.42.

FUCHS SE - Unsponsored ADR (OTCMKTS:FUPBY - Get Free Report) saw a significant growth in short interest in September. As of September 15th, there was short interest totaling 9,132 shares, a growth of 51.5% from the August 31st total of 6,028 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,005 shares, the short-interest ratio is currently 0.8 days.

FUCHS Price Performance

Shares of OTCMKTS FUPBY opened at $12.11 on Thursday. The company has a current ratio of 1.96, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03. FUCHS has a 12-month low of $9.27 and a 12-month high of $12.42. The firm's 50-day moving average price is $11.77 and its 200-day moving average price is $11.24. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 16.15, a P/E/G ratio of 3.27 and a beta of 0.92.

FUCHS (OTCMKTS:FUPBY - Get Free Report) last released its quarterly earnings results on Friday, July 31st. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. FUCHS had a return on equity of 17.40% and a net margin of 9.04%.The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion. On average, equities research analysts anticipate that FUCHS will post 0.74 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on FUPBY shares. Kepler Capital Markets upgraded FUCHS from a "strong sell" rating to a "hold" rating in a report on Thursday, September 3rd. Berenberg Bank cut FUCHS from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of FUCHS in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reissued a "buy" rating on shares of FUCHS in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, FUCHS currently has a consensus rating of "Moderate Buy".

About FUCHS

FUCHS SE is a Germany-based manufacturer of lubricants and related specialty products. The company develops, produces and distributes lubricants for automotive, industrial, metalworking, mining, energy and other specialized applications. Its portfolio includes engine and transmission oils, hydraulic and gear oils, greases, metalworking fluids, industrial lubricants and specialty lubrication products.

Founded in 1931 by Rudolf Fuchs in Mannheim, Germany, the company has grown from a regional oil trading business into an international lubricant supplier.

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