Subaru Corporation (OTCMKTS:FUJHY) Short Interest Up 20.8% in August

Subaru Corporation (OTCMKTS:FUJHY) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 94,100 shares, a growth of 20.8% from the August 15th total of 77,900 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 84,900 shares, the short-interest ratio is presently 1.1 days. Based on an average daily trading volume, of 84,900 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the company’s shares are short sold.

Subaru Stock Up 0.3%

OTCMKTS FUJHY opened at $10.35 on Friday. The firm has a 50-day moving average price of $9.82 and a 200 day moving average price of $9.24. Subaru has a 52-week low of $7.32 and a 52-week high of $10.75. The stock has a market capitalization of $15.17 billion, a P/E ratio of 7.34 and a beta of 0.40.

Subaru (OTCMKTS:FUJHY) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06. Subaru had a net margin of 6.40% and a return on equity of 11.48%. The company had revenue of $8.23 billion for the quarter, compared to analyst estimates of $7.32 billion. On average, equities research analysts expect that Subaru will post 1.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FUJHY. GAMMA Investing LLC raised its holdings in shares of Subaru by 47.5% during the first quarter. GAMMA Investing LLC now owns 13,558 shares of the company’s stock valued at $121,000 after acquiring an additional 4,365 shares during the period. CHICAGO TRUST Co NA lifted its holdings in shares of Subaru by 17.7% during the 1st quarter. CHICAGO TRUST Co NA now owns 40,744 shares of the company’s stock worth $360,000 after acquiring an additional 6,136 shares during the period. Finally, Great Lakes Advisors LLC increased its position in shares of Subaru by 26.8% during the 1st quarter. Great Lakes Advisors LLC now owns 293,796 shares of the company’s stock worth $2,618,000 after purchasing an additional 62,043 shares in the last quarter. 0.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Subaru from a “neutral” rating to a “buy” rating in a report on Thursday, July 24th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold”.

Subaru Company Profile

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.