Short Interest in Fanuc Co. (OTCMKTS:FANUY) Grows By 163.8%

Fanuc Co. (OTCMKTS:FANUY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 137,200 shares, an increase of 163.8% from the September 30th total of 52,000 shares. Based on an average trading volume of 423,700 shares, the short-interest ratio is currently 0.3 days.

Fanuc Stock Performance

OTCMKTS:FANUY opened at $12.85 on Monday. The stock has a market capitalization of $25.58 billion, a P/E ratio of 27.93, a PEG ratio of 2.39 and a beta of 0.85. Fanuc has a fifty-two week low of $12.00 and a fifty-two week high of $15.54. The company has a 50 day moving average price of $13.85 and a 200 day moving average price of $14.00.

Fanuc (OTCMKTS:FANUY) last released its earnings results on Monday, July 29th. The industrial products company reported $0.10 earnings per share for the quarter. The company had revenue of $1.25 billion during the quarter. Fanuc had a return on equity of 7.64% and a net margin of 16.72%. Research analysts forecast that Fanuc will post 0.51 earnings per share for the current fiscal 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.