Fujitsu Ltd. (OTCMKTS:FJTSY) Sees Large Drop in Short Interest

Fujitsu Ltd. (OTCMKTS:FJTSY) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 69,039 shares, a decline of 58.9% from the December 31st total of 168,128 shares. Based on an average daily volume of 269,297 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 269,297 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of Fujitsu to a “hold” rating in a research report on Monday, January 26th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Fujitsu Stock Down 4.5%

OTCMKTS FJTSY opened at $27.75 on Friday. Fujitsu has a 52 week low of $17.28 and a 52 week high of $30.05. The firm has a market capitalization of $54.76 billion, a price-to-earnings ratio of 61.67, a PEG ratio of 1.06 and a beta of 0.83. The company has a quick ratio of 1.62, a current ratio of 1.87 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average of $27.27 and a two-hundred day moving average of $25.42.

About Fujitsu

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.