Fanuc Corp. (OTCMKTS:FANUY – Get Free Report) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 72,277 shares, a decline of 46.9% from the June 30th total of 136,113 shares. Based on an average trading volume of 1,118,613 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Fanuc Stock Performance
OTCMKTS FANUY opened at $19.61 on Thursday. The stock has a 50 day moving average price of $22.59 and a 200-day moving average price of $21.33. Fanuc has a one year low of $13.60 and a one year high of $27.54. The company has a market capitalization of $38.52 billion, a P/E ratio of 33.24, a P/E/G ratio of 2.47 and a beta of 1.03.
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.
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