Fanuc Co. (OTCMKTS:FANUY) Sees Large Drop in Short Interest

Fanuc Co. (OTCMKTS:FANUY - Get Free Report) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 30,400 shares, a drop of 67.5% from the March 15th total of 93,400 shares. Based on an average daily trading volume, of 534,500 shares, the short-interest ratio is currently 0.1 days.

Fanuc Stock Performance

FANUY traded up $0.24 during trading on Thursday, reaching $14.39. The company had a trading volume of 408,614 shares, compared to its average volume of 429,952. Fanuc has a 12 month low of $12.00 and a 12 month high of $18.72. The business's fifty day moving average price is $14.11 and its 200 day moving average price is $13.84.

Fanuc (OTCMKTS:FANUY - Get Free Report) last issued its quarterly earnings data on Friday, January 26th. The industrial products company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.03. The company had revenue of $1.34 billion for the quarter. On average, analysts forecast that Fanuc will post 0.42 EPS for the current fiscal year.

Fanuc Company Profile

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.