Fanuc Corp. (OTCMKTS:FANUY) Short Interest Down 45.0% in May

Fanuc Corp. (OTCMKTS:FANUY) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 48,700 shares, a drop of 45.0% from the May 14th total of 88,503 shares. Based on an average daily volume of 869,515 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Fanuc Trading Down 0.3%

Shares of FANUY opened at $21.91 on Friday. The firm has a fifty day moving average price of $22.30 and a 200-day moving average price of $20.58. The firm has a market capitalization of $43.04 billion, a P/E ratio of 37.14, a P/E/G ratio of 2.72 and a beta of 1.01. Fanuc has a 12-month low of $12.27 and a 12-month high of $27.54.

Fanuc (OTCMKTS:FANUY) last posted its quarterly earnings results on Friday, April 24th. The industrial products company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $224.28 billion. Fanuc had a net margin of 19.41% and a return on equity of 9.15%. Analysts predict that Fanuc will post 0.67 earnings per share for the current year.

About Fanuc

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.