Fanuc Co. (OTCMKTS:FANUF) Sees Large Increase in Short Interest

Fanuc Co. (OTCMKTS:FANUF) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,177,200 shares, an increase of 19.4% from the October 31st total of 985,800 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 511.8 days.

Fanuc Price Performance

Fanuc stock traded up C$1.42 during trading hours on Monday, reaching C$26.80. The company had a trading volume of 3,400 shares, compared to its average volume of 3,636. Fanuc has a 12-month low of C$24.25 and a 12-month high of C$31.99. The company has a 50-day moving average price of C$27.04 and a 200 day moving average price of C$27.68.

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.