Fanuc Corp. (OTCMKTS:FANUY) Sees Large Drop in Short Interest

Fanuc Corp. (OTCMKTS:FANUY) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 48,700 shares, a decline of 45.0% from the May 14th total of 88,503 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 869,515 shares, the short-interest ratio is presently 0.1 days.

Fanuc Price Performance

Shares of FANUY traded up $0.19 during mid-day trading on Tuesday, hitting $23.09. The company’s stock had a trading volume of 220,649 shares, compared to its average volume of 473,434. The firm has a 50-day moving average price of $22.42 and a 200 day moving average price of $20.67. The stock has a market capitalization of $45.36 billion, a price-to-earnings ratio of 39.13, a PEG ratio of 2.72 and a beta of 1.01. Fanuc has a fifty-two week low of $12.27 and a fifty-two week high of $27.54.

Fanuc (OTCMKTS:FANUY) last announced its quarterly earnings data on Friday, April 24th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $224.28 billion. Fanuc had a net margin of 19.41% and a return on equity of 9.15%. As a group, equities analysts anticipate that Fanuc will post 0.67 EPS for the current fiscal year.

Fanuc Company Profile

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.