Subaru Corporation (OTCMKTS:FUJHY) Short Interest Down 80.6% in January

Subaru Corporation (OTCMKTS:FUJHY) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 21,986 shares, a drop of 80.6% from the December 31st total of 113,212 shares. Based on an average daily volume of 148,956 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 148,956 shares, the days-to-cover ratio is presently 0.1 days.

Subaru Stock Performance

Shares of OTCMKTS:FUJHY traded up $0.09 during trading on Tuesday, hitting $10.52. 98,111 shares of the stock traded hands, compared to its average volume of 72,606. The company has a quick ratio of 1.99, a current ratio of 2.49 and a debt-to-equity ratio of 0.13. The company has a market cap of $15.42 billion, a price-to-earnings ratio of 8.62 and a beta of 0.34. Subaru has a 52-week low of $7.32 and a 52-week high of $11.70. The company has a fifty day moving average price of $10.91 and a two-hundred day moving average price of $10.40.

Subaru (OTCMKTS:FUJHY) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The firm had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.53 billion. Subaru had a net margin of 5.49% and a return on equity of 9.62%. As a group, equities analysts predict that Subaru will post 1.44 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in FUJHY. GAMMA Investing LLC grew its position in Subaru by 12.7% in the second quarter. GAMMA Investing LLC now owns 15,286 shares of the company’s stock worth $132,000 after acquiring an additional 1,728 shares in the last quarter. CHICAGO TRUST Co NA lifted its position in Subaru by 27.5% during the 3rd quarter. CHICAGO TRUST Co NA now owns 64,666 shares of the company’s stock valued at $663,000 after purchasing an additional 13,929 shares during the period. Great Lakes Advisors LLC increased its position in shares of Subaru by 11.6% in the 3rd quarter. Great Lakes Advisors LLC now owns 356,206 shares of the company’s stock valued at $3,601,000 after buying an additional 37,021 shares in the last quarter. Finally, Beddow Capital Management Inc. boosted its position in Subaru by 2.8% during the 3rd quarter. Beddow Capital Management Inc. now owns 595,371 shares of the company’s stock worth $6,019,000 after acquiring an additional 16,372 shares during the last quarter. 0.01% of the stock is owned by hedge funds and other institutional investors.

Subaru Company Profile

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well?established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.