Fanuc Corp. (OTCMKTS:FANUY) Sees Large Decline in Short Interest

Fanuc Corp. (OTCMKTS:FANUY) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 72,277 shares, a decline of 46.9% from the June 30th total of 136,113 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,118,613 shares, the days-to-cover ratio is currently 0.1 days.

Fanuc Trading Down 4.1%

Shares of FANUY stock traded down $0.88 during trading hours on Friday, hitting $20.27. The company’s stock had a trading volume of 321,071 shares, compared to its average volume of 492,268. The business has a fifty day moving average of $22.52 and a 200-day moving average of $21.33. Fanuc has a twelve month low of $13.60 and a twelve month high of $27.54. The stock has a market cap of $39.81 billion, a price-to-earnings ratio of 34.35, a P/E/G ratio of 2.49 and a beta of 1.03.

Fanuc (OTCMKTS:FANUY) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. Fanuc had a return on equity of 9.15% and a net margin of 19.41%. On average, equities analysts expect that Fanuc will post 0.66 EPS for the current fiscal year.

Fanuc Company Profile

FANUC is a Japanese company specializing in factory automation, best known for its computer numerical control (CNC) systems and industrial robots. The company designs, manufactures and services automation equipment that is used to control machine tools, perform material handling, welding, assembly and other production tasks. FANUC’s product portfolio spans CNC controllers, servomotors and drives, a broad range of articulated and specialized robots, and the control systems and software that integrate these components into automated production lines.

Headquartered in Yamanashi Prefecture, Japan, FANUC serves a global customer base across automotive, electronics, aerospace, metalworking and general manufacturing industries.