Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Sees Significant Increase in Short Interest

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 22,400 shares, an increase of 279.7% from the January 31st total of 5,900 shares. Based on an average trading volume of 79,200 shares, the short-interest ratio is presently 0.3 days.

Fuji Electric Trading Down 2.3 %

OTCMKTS FELTY opened at $10.85 on Friday. The business’s fifty day simple moving average is $12.24 and its 200-day simple moving average is $13.39. Fuji Electric has a 52 week low of $10.67 and a 52 week high of $17.17.

About Fuji Electric

Fuji Electric Co, Ltd., together with its subsidiaries, develops power semiconductors and electronics solutions in Japan and internationally. It operates through Power Electronics Energy, Power Electronics Industry, Semiconductor, Power Generation, Food and Beverages Distribution, Others segments. The company also offers drivers and inverters including AC drivers, motors, and servo systems; semiconductors and photoconductors; power supply products, which includes uninterruptible power systems, solar inverters, data centers, rectifiers, and formers; sensors and measurements, such as instrumentation and radiation monitoring systems; and factory automation systems.