Fanuc Corp. (OTCMKTS:FANUY) Sees Large Decline in Short Interest

Fanuc Corp. (OTCMKTS:FANUY) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 76,707 shares, a decrease of 37.6% from the April 15th total of 122,946 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,042,847 shares, the short-interest ratio is presently 0.1 days.

Fanuc Trading Up 3.0%

FANUY traded up $0.77 during trading on Friday, hitting $26.29. The stock had a trading volume of 347,196 shares, compared to its average volume of 500,674. The firm has a market cap of $51.65 billion, a PE ratio of 44.56, a P/E/G ratio of 3.58 and a beta of 0.99. Fanuc has a 12 month low of $12.27 and a 12 month high of $27.54. The company has a 50 day simple moving average of $20.08 and a 200-day simple moving average of $19.48.

Fanuc (OTCMKTS:FANUY) last released its quarterly earnings results on Friday, April 24th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $224.28 billion. Fanuc had a net margin of 19.41% and a return on equity of 9.24%. As a group, sell-side analysts anticipate that Fanuc will post 0.64 earnings per share for the current fiscal year.

Fanuc Company Profile

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.