Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) Sees Significant Decline in Short Interest

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 6,601 shares, a decrease of 82.8% from the June 30th total of 38,316 shares. Based on an average trading volume of 112,039 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Fuji Electric Stock Down 0.7%

FELTY opened at $19.55 on Friday. The company has a fifty day moving average of $21.91 and a 200 day moving average of $20.07. Fuji Electric has a fifty-two week low of $12.27 and a fifty-two week high of $27.96.

Fuji Electric Company Profile

Fuji Electric Co, Ltd. (OTCMKTS: FELTY) is a Japanese engineering company specializing in the design, manufacture and sale of power electronics, industrial automation systems and energy infrastructure equipment. Established in 1923 as a joint undertaking between Furukawa Electric and General Electric, the company has evolved to become a global supplier of power semiconductors, inverters, switchgear, motors and generators. Its product lineup spans a range of applications, from high-voltage transmission and distribution systems to factory automation and renewable energy solutions.

The company operates through several business segments, including Energy & Environment, Industrial Infrastructure, Power Electronics and Electronic Devices.