Fanuc Corp. (OTCMKTS:FANUY) Sees Large Decrease in Short Interest

Fanuc Corp. (OTCMKTS:FANUY) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 72,277 shares, a decline of 46.9% from the June 30th total of 136,113 shares. Based on an average daily trading volume, of 1,118,613 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Fanuc Price Performance

Shares of OTCMKTS:FANUY traded up $0.03 during midday trading on Wednesday, reaching $19.51. The company had a trading volume of 624,401 shares, compared to its average volume of 485,942. The stock has a market capitalization of $38.33 billion, a P/E ratio of 33.07, a PEG ratio of 2.59 and a beta of 1.03. The stock’s fifty day moving average price is $22.67 and its 200-day moving average price is $21.33. Fanuc has a one year low of $13.60 and a one year high of $27.54.

Fanuc Company Profile

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.