Short Interest in Fanuc Corp. (OTCMKTS:FANUY) Decreases By 37.6%

by · The Cerbat Gem

Fanuc Corp. (OTCMKTS:FANUY – Get Free Report) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 76,707 shares, a decline of 37.6% from the April 15th total of 122,946 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 1,042,847 shares, the short-interest ratio is currently 0.1 days.

Fanuc Stock Performance

Shares of FANUY traded down $1.46 during mid-day trading on Tuesday, hitting $23.76. The company’s stock had a trading volume of 377,011 shares, compared to its average volume of 460,153. The stock’s 50-day moving average is $20.19 and its two-hundred day moving average is $19.56. The firm has a market capitalization of $46.68 billion, a PE ratio of 40.27, a price-to-earnings-growth ratio of 3.58 and a beta of 0.99. Fanuc has a one year low of $12.27 and a one year high of $27.54.

Fanuc (OTCMKTS:FANUY – Get Free Report) last announced its earnings results on Friday, April 24th. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. Fanuc had a net margin of 19.41% and a return on equity of 9.24%. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $224.28 billion. Analysts expect that Fanuc will post 0.64 EPS for the current fiscal year.

About Fanuc

(Get Free Report)

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.

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