Short Interest in FANUC Co. (OTCMKTS:FANUY) Expands By 63.5%

FANUC Co. (OTCMKTS:FANUY - Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 31st, there was short interest totalling 68,000 shares, an increase of 63.5% from the May 15th total of 41,600 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,314,400 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, UBS Group raised FANUC from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 20th.

FANUC Stock Performance

OTCMKTS FANUY traded up $0.07 on Friday, hitting $13.31. 250,968 shares of the stock traded hands, compared to its average volume of 493,736. The business's fifty day moving average is $12.84 and its two-hundred day moving average is $13.54. FANUC has a 12 month low of $10.54 and a 12 month high of $15.50. The firm has a market capitalization of $26.15 billion, a price-to-earnings ratio of 27.16, a PEG ratio of 2.62 and a beta of 0.63.

FANUC (OTCMKTS:FANUY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The industrial products company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.04. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $206.15 billion. FANUC had a return on equity of 7.98% and a net margin of 17.59%. Analysts expect that FANUC will post 0.46 EPS for the current fiscal year.

About FANUC

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.

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