Subaru Co. (OTCMKTS:FUJHY) Sees Significant Drop in Short Interest

Subaru Co. (OTCMKTS:FUJHY) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 116,100 shares, a drop of 13.1% from the January 31st total of 133,600 shares. Based on an average trading volume of 470,400 shares, the days-to-cover ratio is presently 0.2 days.

Subaru Price Performance

Shares of FUJHY traded up $0.26 during trading hours on Thursday, hitting $9.31. 409,051 shares of the stock were exchanged, compared to its average volume of 366,563. The stock’s 50-day moving average price is $8.90 and its two-hundred day moving average price is $8.66. Subaru has a 12-month low of $7.51 and a 12-month high of $11.76. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.08 and a current ratio of 2.63. The company has a market cap of $13.64 billion, a price-to-earnings ratio of 5.17, a price-to-earnings-growth ratio of 0.25 and a beta of 0.58.

Subaru (OTCMKTS:FUJHY) last released its earnings results on Thursday, February 13th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.23. Subaru had a net margin of 8.50% and a return on equity of 15.26%. Research analysts expect that Subaru will post 1.44 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Great Lakes Advisors LLC increased its holdings in shares of Subaru by 3.6% in the fourth quarter. Great Lakes Advisors LLC now owns 231,753 shares of the company’s stock valued at $2,083,000 after purchasing an additional 8,063 shares during the last quarter. Beddow Capital Management Inc. increased its stake in shares of Subaru by 20.5% in the 4th quarter. Beddow Capital Management Inc. now owns 140,598 shares of the company’s stock worth $1,262,000 after acquiring an additional 23,950 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Subaru by 12.6% during the 4th quarter. Rhumbline Advisers now owns 17,444 shares of the company’s stock worth $157,000 after acquiring an additional 1,947 shares during the period. Finally, GAMMA Investing LLC purchased a new position in shares of Subaru during the 4th quarter worth $83,000. 0.01% of the stock is currently owned by institutional investors and hedge funds.

About Subaru

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.