Fanuc Co. (OTCMKTS:FANUY) Sees Significant Decline in Short Interest

Fanuc Co. (OTCMKTS:FANUY) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 11,000 shares, a decline of 92.0% from the October 15th total of 137,200 shares. Based on an average daily trading volume, of 776,600 shares, the short-interest ratio is currently 0.0 days.

Fanuc Price Performance

Shares of OTCMKTS FANUY traded down $0.40 during midday trading on Tuesday, hitting $13.37. 276,248 shares of the company’s stock were exchanged, compared to its average volume of 336,656. The stock’s 50 day moving average price is $13.65 and its 200-day moving average price is $13.96. The firm has a market cap of $26.62 billion, a P/E ratio of 28.10, a PEG ratio of 2.35 and a beta of 0.85. Fanuc has a twelve month low of $12.54 and a twelve month high of $15.54.

Fanuc Company Profile

Fanuc Corporation provides factory automation products in Japan, the Americas, Europe, China, the rest of Asia, and internationally. The company offers CNC series products, servo motors, lasers, robots, compact machining centers, electric injection molding machines, wire electrical discharge machines, and ultra-precision machines.