Short Interest in Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Decreases By 84.2%

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) was the target of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 1,800 shares, a decrease of 84.2% from the May 15th total of 11,400 shares. Based on an average daily volume of 175,300 shares, the days-to-cover ratio is currently 0.0 days.

Fuji Electric Price Performance

OTCMKTS FELTY opened at $11.50 on Thursday. The firm has a 50 day simple moving average of $10.85 and a 200-day simple moving average of $11.79. Fuji Electric has a one year low of $7.92 and a one year high of $16.59.

Fuji Electric Company Profile

Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.