Subaru Co. (OTCMKTS:FUJHY) Short Interest Up 216.2% in March

Subaru Co. (OTCMKTS:FUJHYGet Rating) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 285,500 shares, a growth of 216.2% from the March 15th total of 90,300 shares. Based on an average daily volume of 273,100 shares, the days-to-cover ratio is presently 1.0 days.

FUJHY stock traded up $0.04 during trading on Wednesday, reaching $7.25. 132,423 shares of the stock were exchanged, compared to its average volume of 182,117. The company has a market capitalization of $11.15 billion, a P/E ratio of 19.08, a price-to-earnings-growth ratio of 0.26 and a beta of 0.61. The stock has a 50 day simple moving average of $8.00 and a 200-day simple moving average of $8.94. Subaru has a twelve month low of $6.95 and a twelve month high of $10.50.

Subaru (OTCMKTS:FUJHYGet Rating) last issued its quarterly earnings results on Monday, February 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.08). Subaru had a net margin of 2.32% and a return on equity of 3.57%. The business had revenue of $6.02 billion during the quarter, compared to analyst estimates of $5.97 billion. Equities research analysts expect that Subaru will post 0.49 EPS for the current fiscal year.

FUJHY has been the subject of several analyst reports. UBS Group raised shares of Subaru from a “neutral” rating to an “outperform” rating in a research note on Thursday, December 16th. Zacks Investment Research cut shares of Subaru from a “buy” rating to a “hold” rating in a research note on Monday, January 17th. Finally, Bank of America lowered shares of Subaru from a “neutral” rating to an “underperform” rating in a research report on Wednesday, March 2nd.

About Subaru (Get Rating)

Subaru Corporation manufactures and sells automobiles and aerospace products worldwide. It operates through three segments: Automotive Business Unit, Aerospace Company, and Other Businesses. The company manufactures, sells, and repairs passenger cars and their components, airplanes, aerospace-related machinery, and related components; and rents and manages real estate properties.

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