Subaru Corporation (OTCMKTS:FUJHY) Short Interest Update

Key Points

• Subaru's short interest rose by 20.8% in August, reaching a total of 94,100 shares as of August 31st, indicating increased bearish sentiment among investors despite the company's current short sale percentage being at 0.0%.
• Institutional investments have increased, with GAMMA Investing LLC raising its holdings in Subaru by 47.5% in the first quarter, signaling growing confidence among large investors.
• Subaru's stock experienced a 1.9% decline to $10.35, while the company reported earnings of $0.26 per share for the last quarter, outperforming estimates and reflecting a strong revenue of $8.23 billion.

Subaru Corporation (OTCMKTS:FUJHY - Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 94,100 shares, an increase of 20.8% from the August 15th total of 77,900 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 84,900 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 84,900 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.0% of the company's stock are short sold.

Institutional Investors Weigh In On Subaru

Large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in shares of Subaru by 47.5% in the 1st quarter. GAMMA Investing LLC now owns 13,558 shares of the company's stock worth $121,000 after buying an additional 4,365 shares during the last quarter. CHICAGO TRUST Co NA boosted its position in Subaru by 17.7% in the first quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company's stock worth $360,000 after purchasing an additional 6,136 shares during the last quarter. Finally, Great Lakes Advisors LLC grew its stake in shares of Subaru by 26.8% during the 1st quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company's stock valued at $2,618,000 after purchasing an additional 62,043 shares during the period. Institutional investors own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

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

Subaru Stock Performance

Shares of OTCMKTS:FUJHY traded up $0.13 during trading on Monday, reaching $10.48. 36,879 shares of the stock traded hands, compared to its average volume of 196,175. Subaru has a 52-week low of $7.32 and a 52-week high of $10.89. The stock has a market cap of $15.36 billion, a P/E ratio of 7.43 and a beta of 0.40. The stock has a 50-day moving average of $9.82 and a two-hundred day moving average of $9.24.

Subaru (OTCMKTS:FUJHY - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. Subaru had a return on equity of 11.48% and a net margin of 6.40%.The business had revenue of $8.23 billion for the quarter, compared to analysts' expectations of $7.32 billion. Sell-side analysts expect that Subaru will post 1.44 earnings per share for the current year.

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.