Subaru Co. (OTCMKTS:FUJHY) Sees Significant Drop in Short Interest

Subaru Co. (OTCMKTS:FUJHY - Get Free Report) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 51,500 shares, a drop of 36.5% from the April 30th total of 81,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 215,900 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded Subaru to a "strong sell" rating in a report on Monday, April 14th.

Subaru Price Performance

OTCMKTS FUJHY traded down $0.18 during trading hours on Monday, hitting $9.08. The company had a trading volume of 41,009 shares, compared to its average volume of 259,685. Subaru has a 52 week low of $7.32 and a 52 week high of $11.27. The firm has a 50 day simple moving average of $8.88 and a 200 day simple moving average of $8.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.08 and a current ratio of 2.63. The firm has a market capitalization of $13.32 billion, a price-to-earnings ratio of 5.05, a PEG ratio of 0.25 and a beta of 0.44.

Subaru (OTCMKTS:FUJHY - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.05). The business had revenue of $7.77 billion for the quarter, compared to analysts' expectations of $1,289.35 billion. Subaru had a return on equity of 15.26% and a net margin of 8.50%. Equities research analysts expect that Subaru will post 1.44 earnings per share for the current year.

Institutional Trading of Subaru

A number of large investors have recently modified their holdings of FUJHY. Rhumbline Advisers lifted its position in Subaru by 12.6% in the 4th quarter. Rhumbline Advisers now owns 17,444 shares of the company's stock worth $157,000 after buying an additional 1,947 shares during the last quarter. Great Lakes Advisors LLC lifted its position in Subaru by 3.6% in the 4th quarter. Great Lakes Advisors LLC now owns 231,753 shares of the company's stock worth $2,083,000 after buying an additional 8,063 shares during the last quarter. Beddow Capital Management Inc. lifted its position in Subaru by 20.5% in the 4th quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company's stock worth $1,262,000 after buying an additional 23,950 shares during the last quarter. GAMMA Investing LLC lifted its position in Subaru by 1,214.1% in the 1st quarter. GAMMA Investing LLC now owns 120,802 shares of the company's stock worth $1,076,000 after buying an additional 111,609 shares during the last quarter. Finally, CHICAGO TRUST Co NA lifted its position in Subaru by 17.7% in the 1st quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock worth $360,000 after buying an additional 6,136 shares during the last quarter. Institutional investors own 0.01% of the company's stock.

About Subaru

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.