Short Interest in Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Rises By 66.7%

Fuji Electric Co., Ltd. (OTCMKTS:FELTYGet Rating) was the target of a large increase in short interest in May. As of May 15th, there was short interest totalling 5,500 shares, an increase of 66.7% from the April 30th total of 3,300 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is presently 1.7 days.

Shares of OTCMKTS FELTY traded up $0.13 during midday trading on Friday, hitting $11.50. The company’s stock had a trading volume of 531 shares, compared to its average volume of 5,262. Fuji Electric has a 1-year low of $10.28 and a 1-year high of $14.00. The firm’s fifty day moving average price is $11.47 and its 200-day moving average price is $12.45.

Fuji Electric Company Profile (Get Rating)

Fuji Electric Co, Ltd., together with its subsidiaries, operates in the power electronics systems energy and industry, electronic devices, food and beverage distribution, and power generation businesses worldwide. It offers AC drives, motors, and servo systems; semiconductors and photoconductors; uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; instrumentation products and sensors, and radiation monitoring systems; factory automation systems; and LV and MV distributions, motor controls, and energy control equipment.

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