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FANUC Co. (OTCMKTS:FANUY) Sees Large Drop in Short Interest

FANUC logo with Industrials background

FANUC Co. (OTCMKTS:FANUY - Get Free Report) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 23,000 shares, a drop of 78.8% from the March 31st total of 108,700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,115,300 shares, the days-to-cover ratio is currently 0.0 days.

FANUC Stock Up 4.1 %

Shares of OTCMKTS FANUY traded up $0.51 during trading on Friday, hitting $13.05. The company had a trading volume of 209,569 shares, compared to its average volume of 493,433. The firm has a market capitalization of $25.98 billion, a price-to-earnings ratio of 26.63, a price-to-earnings-growth ratio of 2.62 and a beta of 0.77. FANUC has a fifty-two week low of $10.54 and a fifty-two week high of $15.50. The stock has a fifty day simple moving average of $13.49 and a two-hundred day simple moving average of $13.56.

FANUC (OTCMKTS:FANUY - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The industrial products company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.04. FANUC had a return on equity of 7.98% and a net margin of 17.59%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $206.15 billion. On average, analysts anticipate that FANUC will post 0.46 earnings per share for the current year.

FANUC Company Profile

(Get Free Report)

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.

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