Short Interest in Fanuc Corp. (OTCMKTS:FANUY) Decreases By 37.6%

Fanuc Corp. (OTCMKTS:FANUY) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 76,707 shares, a decrease of 37.6% from the April 15th total of 122,946 shares. Based on an average daily volume of 1,042,847 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Fanuc Stock Down 4.7%

OTCMKTS:FANUY traded down $1.23 during midday trading on Monday, hitting $25.06. The stock had a trading volume of 252,712 shares, compared to its average volume of 457,726. Fanuc has a one year low of $12.27 and a one year high of $27.54. The company has a market capitalization of $49.24 billion, a price-to-earnings ratio of 42.47, a PEG ratio of 3.58 and a beta of 0.99. The stock has a 50-day moving average of $20.08 and a 200 day moving average of $19.50.

Fanuc (OTCMKTS:FANUY) last announced its quarterly earnings data on Friday, April 24th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. Fanuc had a return on equity of 9.24% and a net margin of 19.41%.The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $224.28 billion. On average, sell-side analysts anticipate that Fanuc will post 0.64 earnings per share for the current fiscal year.

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.