Subaru Corporation (OTCMKTS:FUJHY) Short Interest Update

Key Points

• Short interest in Subaru Corporation has dropped significantly by 94.5% in July, with only 3,200 shares short sold as of July 31st.
• Subaru's stock price fell by 2.2% to $9.90, with a one-year range between $7.32 and $10.63.
• GAMMA Investing LLC and Great Lakes Advisors LLC are among the institutional investors who have heavily increased their stakes in Subaru.

Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 3,200 shares, adropof94.5% from the July 15th total of 58,700 shares. Approximately0.0% of the company's stock are short sold. Based on an average daily trading volume, of 365,300 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 365,300 shares, the days-to-cover ratio is presently 0.0 days. Approximately0.0% of the company's stock are short sold.

Institutional Investors Weigh In On Subaru

A number of large investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its holdings in shares of Subaru by 12.7% during the second quarter. GAMMA Investing LLC now owns 15,286 shares of the company's stock valued at $132,000 after buying an additional 1,728 shares during the last quarter. CHICAGO TRUST Co NA grew its holdings in shares of Subaru by 17.7% during the first quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock valued at $360,000 after buying an additional 6,136 shares during the last quarter. Finally, Great Lakes Advisors LLC grew its holdings in shares of Subaru by 26.8% during the first quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock valued at $2,618,000 after buying an additional 62,043 shares during the last quarter. 0.01% of the stock is owned by hedge funds and other institutional investors.

Subaru Price Performance

OTCMKTS FUJHY traded up $0.01 on Tuesday, hitting $10.03. The stock had a trading volume of 27,741 shares, compared to its average volume of 138,743. The business's fifty day moving average price is $9.08 and its 200 day moving average price is $9.06. Subaru has a 52-week low of $7.32 and a 52-week high of $10.63. The stock has a market cap of $14.71 billion, a price-to-earnings ratio of 7.11 and a beta of 0.42.

Subaru (OTCMKTS:FUJHY - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06. Subaru had a net margin of 6.40% and a return on equity of 11.62%. The business had revenue of $8.23 billion for the quarter, compared to analyst estimates of $7.32 billion. As a group, sell-side analysts anticipate that Subaru will post 1.44 EPS for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of Subaru from a "neutral" rating to a "buy" rating in a report on Thursday, July 24th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold".

Subaru Company Profile

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.