Fanuc Co. (OTCMKTS:FANUY) Sees Large Increase in Short Interest

Fanuc Co. (OTCMKTS:FANUY) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 86,500 shares, a growth of 1,172.1% from the August 15th total of 6,800 shares. Based on an average daily trading volume, of 497,600 shares, the days-to-cover ratio is presently 0.2 days.

Fanuc Stock Down 0.1 %

OTCMKTS FANUY traded down $0.02 during trading hours on Thursday, hitting $13.33. 545,580 shares of the company were exchanged, compared to its average volume of 346,224. The company has a 50 day moving average of $13.96 and a two-hundred day moving average of $14.17. Fanuc has a 52-week low of $12.00 and a 52-week high of $15.54. The firm has a market cap of $26.54 billion, a price-to-earnings ratio of 27.77, a PEG ratio of 2.11 and a beta of 0.85.

Fanuc (OTCMKTS:FANUY) last issued its quarterly earnings results on Monday, July 29th. The industrial products company reported $0.10 earnings per share for the quarter. Fanuc had a return on equity of 7.64% and a net margin of 16.72%. The company had revenue of $1.25 billion for the quarter. On average, equities research analysts predict that Fanuc will post 0.47 EPS for the current year.

About Fanuc

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.