Fuji Electric Co., Ltd. (OTCMKTS:FELTY) Sees Large Increase in Short Interest

Fuji Electric Co., Ltd. (OTCMKTS:FELTY) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 27,600 shares, a growth of 762.5% from the February 28th total of 3,200 shares. Based on an average daily volume of 64,500 shares, the days-to-cover ratio is currently 0.4 days.

Fuji Electric Stock Down 1.9 %

Shares of FELTY stock traded down $0.22 during trading hours on Friday, hitting $11.06. 20,617 shares of the company were exchanged, compared to its average volume of 34,030. The business has a 50 day moving average of $11.45 and a two-hundred day moving average of $12.97. Fuji Electric has a 52 week low of $10.32 and a 52 week high of $17.17.

Fuji Electric Company Profile

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.