Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Update

Fujitsu Ltd. (OTCMKTS:FJTSY) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 209,452 shares, an increase of 251.8% from the February 26th total of 59,541 shares. Based on an average daily volume of 1,348,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group lowered shares of Fujitsu from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. UBS Group raised shares of Fujitsu to a “hold” rating in a research note on Monday, January 26th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Fujitsu currently has a consensus rating of “Hold”.

Fujitsu Price Performance

FJTSY stock opened at $20.45 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.87 and a quick ratio of 1.62. The company’s 50-day moving average is $24.27 and its 200-day moving average is $25.47. The stock has a market capitalization of $35.91 billion, a PE ratio of 45.44, a price-to-earnings-growth ratio of 0.77 and a beta of 0.89. Fujitsu has a 1 year low of $17.28 and a 1 year high of $30.05.

About Fujitsu

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.