Short Interest in Subaru Co. (OTCMKTS:FUJHY) Grows By 43.0%

Subaru Co. (OTCMKTS:FUJHY) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 133,600 shares, a growth of 43.0% from the January 15th total of 93,400 shares. Based on an average daily volume of 816,900 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Subaru

A number of hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new stake in shares of Subaru during the fourth quarter valued at about $83,000. Rhumbline Advisers raised its holdings in shares of Subaru by 12.6% in the 4th quarter. Rhumbline Advisers now owns 17,444 shares of the company’s stock worth $157,000 after purchasing an additional 1,947 shares in the last quarter. Beddow Capital Management Inc. increased its holdings in shares of Subaru by 38.1% in the third quarter. Beddow Capital Management Inc. now owns 116,648 shares of the company’s stock valued at $1,012,000 after buying an additional 32,205 shares in the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in shares of Subaru by 3.6% during the 4th quarter. Great Lakes Advisors LLC now owns 231,753 shares of the company’s stock worth $2,083,000 after acquiring an additional 8,063 shares in the last quarter. 0.01% of the stock is currently owned by institutional investors.

Subaru Stock Up 1.2 %

OTCMKTS:FUJHY traded up $0.12 during mid-day trading on Friday, hitting $9.64. The company had a trading volume of 105,082 shares, compared to its average volume of 359,913. The firm has a market capitalization of $14.13 billion, a price-to-earnings ratio of 4.95, a PEG ratio of 0.26 and a beta of 0.58. The company has a current ratio of 2.35, a quick ratio of 1.87 and a debt-to-equity ratio of 0.13. Subaru has a 1 year low of $7.51 and a 1 year high of $11.76. The business has a fifty day simple moving average of $8.67 and a 200-day simple moving average of $8.62.

Subaru (OTCMKTS:FUJHY) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.23. Subaru had a return on equity of 15.67% and a net margin of 8.36%. Equities analysts forecast that Subaru will post 1.39 earnings per share for the current fiscal year.

About Subaru

Subaru Corporation manufactures and sells automobiles and aerospace products in Japan, rest of Asia, North America, Europe, and internationally. It operates through three segments: Automotive, Aerospace, and Others. The company manufactures, sells, and repairs passenger cars and their components, aircrafts, aerospace-related machinery, and related components; and rents and manages real estate properties.