Short Interest in Subaru Corporation (OTCMKTS:FUJHY) Expands By 243.5%

Subaru Corporation (OTCMKTS:FUJHY) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 398,068 shares, a growth of 243.5% from the July 15th total of 115,887 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,007,470 shares, the short-interest ratio is currently 0.4 days.

Subaru Stock Performance

Shares of OTCMKTS FUJHY traded up $0.05 during mid-day trading on Friday, reaching $8.07. 92,473 shares of the company’s stock were exchanged, compared to its average volume of 285,168. The company’s 50-day moving average is $7.84 and its 200-day moving average is $8.28. The firm has a market capitalization of $11.58 billion, a price-to-earnings ratio of 20.18, a PEG ratio of 0.33 and a beta of 0.35. Subaru has a 52-week low of $7.10 and a 52-week high of $11.70.

Subaru (OTCMKTS:FUJHY) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.05). The company had revenue of $7.94 billion during the quarter, compared to analysts’ expectations of $7.94 billion. Subaru had a net margin of 1.77% and a return on equity of 3.01%. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, equities analysts predict that Subaru will post 0.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FUJHY has been the subject of a number of analyst reports. Zacks Research upgraded Subaru from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. UBS Group lowered shares of Subaru from a “neutral” rating to a “sell” rating in a report on Thursday, June 18th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Subaru presently has an average rating of “Reduce”.

Hedge Funds Weigh In On Subaru

A hedge fund recently raised its stake in Subaru stock. Great Lakes Advisors LLC raised its position in Subaru Corporation (OTCMKTS:FUJHY) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 381,638 shares of the company’s stock after purchasing an additional 25,432 shares during the quarter. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 as of its most recent SEC filing. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

About Subaru

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.