Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Sees Large Decline in Short Interest

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 22,400 shares, a decline of 18.8% from the March 15th total of 27,600 shares. Based on an average daily volume of 48,400 shares, the days-to-cover ratio is currently 0.5 days.

Fuji Electric Stock Down 5.0 %

FELTY traded down $0.55 during trading on Friday, reaching $10.55. The company had a trading volume of 105,206 shares, compared to its average volume of 42,967. Fuji Electric has a 52 week low of $7.92 and a 52 week high of $16.61. The business has a 50 day simple moving average of $10.74 and a 200-day simple moving average of $12.45.

Fuji Electric Company Profile

Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.