Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Up 167.1% in May

Fujitsu Ltd. (OTCMKTS:FJTSY) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 48,094 shares, an increase of 167.1% from the May 14th total of 18,009 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 531,077 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 18th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Fujitsu Trading Down 3.8%

Shares of FJTSY stock traded down $0.80 during trading hours on Friday, hitting $20.49. 183,299 shares of the company were exchanged, compared to its average volume of 290,543. The firm has a market cap of $35.98 billion, a PE ratio of 45.53, a PEG ratio of 1.04 and a beta of 0.81. Fujitsu has a 1 year low of $19.10 and a 1 year high of $30.05. The company has a quick ratio of 1.62, a current ratio of 1.87 and a debt-to-equity ratio of 0.05. The firm has a fifty day moving average of $21.59 and a 200 day moving average of $24.02.

Fujitsu Company Profile

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.