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

Fanuc Co. (OTCMKTS:FANUY) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totalling 12,400 shares, a decrease of 82.6% from the May 31st total of 71,400 shares. Based on an average trading volume of 631,300 shares, the days-to-cover ratio is presently 0.0 days.

Fanuc Price Performance

OTCMKTS FANUY traded up $0.30 on Friday, hitting $13.74. 368,749 shares of the stock were exchanged, compared to its average volume of 338,867. The business’s fifty day moving average is $14.26 and its 200 day moving average is $14.26. Fanuc has a 52 week low of $12.00 and a 52 week high of $17.80. The company has a market capitalization of $27.35 billion, a PE ratio of 28.63, a P/E/G ratio of 1.93 and a beta of 0.87.

Fanuc (OTCMKTS:FANUY) last issued its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.12 earnings per share for the quarter. The company had revenue of $1.34 billion for the quarter. Fanuc had a net margin of 16.71% and a return on equity of 7.89%. Analysts predict that Fanuc will post 0.51 EPS for the current fiscal year.

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.