Short Interest in Fanuc Co. (OTCMKTS:FANUF) Drops By 16.0%

Fanuc Co. (OTCMKTS:FANUF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 945,900 shares, a drop of 16.0% from the December 31st total of 1,125,500 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 1,182.4 days.

Fanuc Price Performance

Shares of FANUF remained flat at C$32.00 during trading hours on Monday. 48,675 shares of the company were exchanged, compared to its average volume of 5,908. The company’s 50 day moving average is C$26.60 and its 200-day moving average is C$27.25. Fanuc has a 1-year low of C$23.90 and a 1-year high of C$32.30.

About Fanuc

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.