Fuchs SE (OTCMKTS:FUPEF) Sees Large Decline in Short Interest

Fuchs SE (OTCMKTS:FUPEF) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 1,945 shares, a drop of 45.4% from the June 15th total of 3,565 shares. Based on an average daily volume of 226 shares, the days-to-cover ratio is currently 8.6 days.

Fuchs Stock Performance

Shares of Fuchs stock remained flat at $37.00 during trading on Thursday. Fuchs has a 12-month low of $35.90 and a 12-month high of $37.00. The business’s 50-day simple moving average is $38.22 and its 200 day simple moving average is $39.12.

Analyst Upgrades and Downgrades

Separately, UBS Group started coverage on Fuchs in a research report on Friday, April 24th. They issued a “buy” rating on the stock. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

About Fuchs

Fuchs Petrolub SE, trading in the U.S. as OTCMKTS:FUPEF, is a global specialist in lubricants and related specialties headquartered in Mannheim, Germany. Since its founding in 1931 by Rudolf Fuchs, the company has established itself as one of the world’s leading independent lubricant suppliers. Fuchs develops, manufactures and distributes a broad range of products designed to meet the demanding requirements of automotive, industrial and metalworking applications.

The company’s product portfolio encompasses engine oils, hydraulic fluids, greases, metalworking fluids, and specialty lubricants tailored to sectors such as automotive OEMs, rail transport, mining, agriculture, and aerospace.