Short Interest in Fanuc Co. (OTCMKTS:FANUY) Declines By 43.3%

Fanuc Co. (OTCMKTS:FANUY) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 63,200 shares, a decline of 43.3% from the February 28th total of 111,500 shares. Based on an average trading volume of 513,300 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Fanuc Price Performance

OTCMKTS:FANUY opened at $14.59 on Friday. The business’s 50-day simple moving average is $14.65 and its 200-day simple moving average is $13.83. Fanuc has a fifty-two week low of $12.46 and a fifty-two week high of $15.50. The stock has a market capitalization of $29.05 billion, a PE ratio of 29.78, a price-to-earnings-growth ratio of 2.62 and a beta of 0.84.

Fanuc (OTCMKTS:FANUY) last released its earnings results on Monday, January 27th. The industrial products company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. Fanuc had a return on equity of 7.98% and a net margin of 17.59%. On average, research analysts expect that Fanuc will post 0.46 earnings per share for the current year.

Fanuc Company Profile

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.