Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) Sees Large Increase in Short Interest

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 22,172 shares, an increase of 235.9% from the July 15th total of 6,601 shares. Based on an average daily trading volume, of 99,868 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Fuji Electric Stock Performance

FELTY traded up $0.73 during trading hours on Thursday, hitting $23.76. 3,496 shares of the stock were exchanged, compared to its average volume of 34,286. The stock has a 50-day simple moving average of $21.23 and a 200-day simple moving average of $20.31. Fuji Electric has a 12 month low of $15.56 and a 12 month high of $27.96.

About Fuji Electric

Fuji Electric Co, Ltd. (OTCMKTS: FELTY) is a Japanese engineering company specializing in the design, manufacture and sale of power electronics, industrial automation systems and energy infrastructure equipment. Established in 1923 as a joint undertaking between Furukawa Electric and General Electric, the company has evolved to become a global supplier of power semiconductors, inverters, switchgear, motors and generators. Its product lineup spans a range of applications, from high-voltage transmission and distribution systems to factory automation and renewable energy solutions.

The company operates through several business segments, including Energy & Environment, Industrial Infrastructure, Power Electronics and Electronic Devices.