Short Interest in Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Expands By 332.6%

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 18,600 shares, an increase of 332.6% from the October 15th total of 4,300 shares. Based on an average daily trading volume, of 32,800 shares, the days-to-cover ratio is presently 0.6 days.

Fuji Electric Stock Down 1.6 %

Shares of Fuji Electric stock traded down $0.23 during trading on Tuesday, reaching $14.08. The company’s stock had a trading volume of 11,064 shares, compared to its average volume of 21,976. The business has a 50 day moving average price of $13.85 and a 200-day moving average price of $14.20. Fuji Electric has a 12-month low of $9.75 and a 12-month 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.