Fanuc Co. (OTCMKTS:FANUY) Short Interest Up 163.8% in October

Fanuc Co. (OTCMKTS:FANUY) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 137,200 shares, a growth of 163.8% from the September 30th total of 52,000 shares. Based on an average daily volume of 423,700 shares, the days-to-cover ratio is presently 0.3 days.

Fanuc Stock Performance

Shares of OTCMKTS FANUY traded up $0.22 during midday trading on Friday, reaching $12.85. The stock had a trading volume of 343,106 shares, compared to its average volume of 278,438. The company’s 50 day moving average price is $13.85 and its 200 day moving average price is $14.00. Fanuc has a twelve month low of $12.00 and a twelve month high of $15.54. The firm has a market cap of $25.58 billion, a price-to-earnings ratio of 27.93, a price-to-earnings-growth ratio of 2.39 and a beta of 0.85.

Fanuc (OTCMKTS:FANUY) last released its earnings results on Monday, July 29th. The industrial products company reported $0.10 earnings per share (EPS) for the quarter. The business had revenue of $1.25 billion for the quarter. Fanuc had a net margin of 16.72% and a return on equity of 7.64%. Equities analysts forecast that Fanuc will post 0.51 earnings per share for the current fiscal year.

About Fanuc

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.