Subaru Corporation (OTCMKTS:FUJHY) Sees Significant Drop in Short Interest

Subaru Corporation (OTCMKTS:FUJHY) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 54,133 shares, a decrease of 65.5% from the August 15th total of 157,088 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 317,405 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on FUJHY shares. Zacks Research raised shares of Subaru from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. UBS Group cut Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Subaru presently has an average rating of “Reduce”.

Subaru Stock Up 3.9%

FUJHY stock opened at $8.49 on Friday. The company has a market capitalization of $12.18 billion, a P/E ratio of 21.23, a price-to-earnings-growth ratio of 0.36 and a beta of 0.36. Subaru has a 12 month low of $7.10 and a 12 month high of $11.70. The firm’s fifty day simple moving average is $8.10 and its 200-day simple moving average is $7.98. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.29 and a quick ratio of 1.68.

Subaru (OTCMKTS:FUJHY) last posted its earnings results on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.05). The business had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.94 billion. Subaru had a net margin of 1.77% and a return on equity of 3.04%. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, equities research analysts forecast that Subaru will post 0.66 earnings per share for the current year.

Institutional Investors Weigh In On Subaru

An institutional investor recently raised its stake in Subaru stock. Great Lakes Advisors LLC boosted its position in Subaru Corporation (OTCMKTS:FUJHY) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 381,638 shares of the company’s stock after purchasing an additional 25,432 shares during the quarter. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 at the end of the most recent reporting period. 0.01% of the stock is owned by institutional investors.

Subaru Company Profile

Subaru Corporation is a Japanese manufacturer best known for its Subaru-branded automobiles. The company develops and sells passenger cars and sport utility vehicles, with a product range that includes the Impreza, Legacy, Outback, Forester, Crosstrek and BRZ. Subaru vehicles are widely associated with symmetrical all-wheel-drive systems and horizontally opposed “boxer” engines, features used across much of the company’s lineup.

The company also operates an aerospace business that develops and manufactures aircraft, aircraft components and related systems for commercial, government and defense customers.