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

Fanuc Co. (OTCMKTS:FANUF) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,125,500 shares, an increase of 10.8% from the December 31st total of 1,016,200 shares. Based on an average daily trading volume, of 2,500 shares, the days-to-cover ratio is presently 450.2 days.

Fanuc Trading Down 9.0 %

Shares of OTCMKTS:FANUF traded down C$2.90 during midday trading on Monday, hitting C$29.11. The company had a trading volume of 189 shares, compared to its average volume of 5,499. Fanuc has a 12-month low of C$23.90 and a 12-month high of C$32.30. The company has a fifty day moving average of C$26.68 and a two-hundred day moving average of C$27.24.

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.