Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Sees Large Increase in Short Interest

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 4,300 shares, a growth of 7.5% from the September 30th total of 4,000 shares. Based on an average trading volume of 25,100 shares, the short-interest ratio is currently 0.2 days.

Fuji Electric Stock Performance

Fuji Electric stock traded up $0.50 during mid-day trading on Thursday, reaching $13.29. The company had a trading volume of 8,309 shares, compared to its average volume of 22,347. Fuji Electric has a fifty-two week low of $9.30 and a fifty-two week high of $17.17. The business has a fifty day simple moving average of $13.97 and a 200 day simple moving average of $14.33.

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.