Fuji Media Holdings, Inc. (OTCMKTS:FJTNY) Sees Significant Drop in Short Interest

Fuji Media Holdings, Inc. (OTCMKTS:FJTNY) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 2,000 shares, a decline of 37.5% from the February 13th total of 3,200 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is currently 0.8 days.

Fuji Media Stock Performance

FJTNY remained flat at $7.80 during trading on Friday. 6 shares of the company’s stock were exchanged, compared to its average volume of 3,940. Fuji Media has a 12-month low of $5.24 and a 12-month high of $9.40. The firm has a fifty day moving average of $7.40 and a two-hundred day moving average of $6.41.

About Fuji Media

Fuji Media Holdings, Inc, through its subsidiaries, engages in the broadcasting activities in Japan. It operates through Media & Content, Urban Development, Hotels & Resorts, and Other segments. The Media & Content segment provides terrestrial television broadcasting, including satellite broadcasting, radio broadcasting, streaming platforms, content production, games, music, advertising, publishing, and direct marketing activities.