Short Interest in Fuchs SE (OTCMKTS:FUPEF) Expands By 90.0%

Fuchs SE (OTCMKTS:FUPEF) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 3,696 shares, a growth of 90.0% from the June 30th total of 1,945 shares. Based on an average trading volume of 132 shares, the days-to-cover ratio is currently 28.0 days.

Wall Street Analyst Weigh In

Separately, UBS Group began coverage on shares of Fuchs in a research note on Friday, April 24th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

Fuchs Price Performance

Shares of OTCMKTS FUPEF opened at $37.00 on Thursday. Fuchs has a 1 year low of $35.90 and a 1 year high of $37.00. The stock’s 50-day simple moving average is $37.70 and its 200-day simple moving average is $38.93.

About Fuchs

Fuchs Petrolub SE, trading in the U.S. as OTCMKTS:FUPEF, is a global specialist in lubricants and related specialties headquartered in Mannheim, Germany. Since its founding in 1931 by Rudolf Fuchs, the company has established itself as one of the world’s leading independent lubricant suppliers. Fuchs develops, manufactures and distributes a broad range of products designed to meet the demanding requirements of automotive, industrial and metalworking applications.

The company’s product portfolio encompasses engine oils, hydraulic fluids, greases, metalworking fluids, and specialty lubricants tailored to sectors such as automotive OEMs, rail transport, mining, agriculture, and aerospace.