Fanuc Co. (OTCMKTS:FANUY) Sees Significant Increase in Short Interest

Fanuc Co. (OTCMKTS:FANUY) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 270,000 shares, a growth of 788.2% from the March 31st total of 30,400 shares. Based on an average daily volume of 937,800 shares, the short-interest ratio is presently 0.3 days.

Fanuc Price Performance

FANUY stock opened at $14.52 on Friday. The business has a 50 day simple moving average of $14.31 and a 200-day simple moving average of $13.92. The firm has a market capitalization of $29.13 billion, a PE ratio of 29.83, a price-to-earnings-growth ratio of 8.94 and a beta of 0.95. Fanuc has a 1 year low of $12.00 and a 1 year high of $18.72.

Fanuc (OTCMKTS:FANUY) last posted its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter. The business had revenue of $1.34 billion during the quarter. Fanuc had a return on equity of 7.93% and a net margin of 16.71%. On average, equities research analysts expect that Fanuc will post 0.51 EPS for the current year.

About Fanuc

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.