Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Short Interest Up 279.7% in February

Fuji Electric Co., Ltd. (OTCMKTS:FELTYGet Free Report) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 22,400 shares, an increase of 279.7% from the January 31st total of 5,900 shares. Based on an average daily volume of 79,200 shares, the days-to-cover ratio is presently 0.3 days.

Fuji Electric Stock Down 1.4 %

FELTY stock traded down $0.16 during mid-day trading on Friday, reaching $11.11. 25,719 shares of the company traded hands, compared to its average volume of 36,985. Fuji Electric has a 52-week low of $10.67 and a 52-week high of $17.17. The company has a fifty day moving average price of $12.30 and a 200-day moving average price of $13.40.

About Fuji Electric

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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.

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