Subaru Corporation (OTCMKTS:FUJHY) Sees Large Decrease in Short Interest

Subaru Corporation (OTCMKTS:FUJHY) saw a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 157,088 shares, a drop of 60.5% from the July 30th total of 398,068 shares. Based on an average daily trading volume, of 398,082 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of Subaru

A hedge fund recently raised its stake in Subaru stock. Great Lakes Advisors LLC increased its stake in shares of Subaru Corporation (OTCMKTS:FUJHY) by 7.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 381,638 shares of the company’s stock after acquiring an additional 25,432 shares during the period. Great Lakes Advisors LLC’s holdings in Subaru were worth $4,095,000 as of its most recent filing with the Securities & Exchange Commission. 0.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on FUJHY shares. Zacks Research upgraded Subaru from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. UBS Group lowered shares of Subaru from a “neutral” rating to a “sell” rating in a research report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Subaru presently has an average rating of “Reduce”.

Subaru Trading Up 2.3%

Shares of FUJHY stock traded up $0.18 during trading hours on Friday, hitting $8.23. The company’s stock had a trading volume of 53,602 shares, compared to its average volume of 278,516. The stock has a market cap of $11.81 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 0.36 and a beta of 0.35. Subaru has a 12-month low of $7.10 and a 12-month high of $11.70. The company has a 50 day moving average of $7.91 and a 200 day moving average of $8.10.

Subaru (OTCMKTS:FUJHY) last posted its earnings results on Wednesday, August 5th. The company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.05). Subaru had a net margin of 1.77% and a return on equity of 3.01%. The business had revenue of $7.94 billion for the quarter, compared to analyst estimates of $7.94 billion. Subaru has set its FY 2027 guidance at 0.572-0.572 EPS. As a group, analysts anticipate that Subaru will post 0.66 earnings per share for the current fiscal year.

Subaru Company Profile

Subaru Corporation, traded over the counter as OTCMKTS:FUJHY, is a Japanese multinational automaker known for its distinctive use of the horizontally opposed “boxer” engine and standard symmetrical all-wheel-drive system across most of its vehicle lineup. Founded in 1953 as Fuji Heavy Industries, the company rebranded to Subaru Corporation in 2017 to align its corporate identity with its well‐established automotive brand. Subaru’s product portfolio includes compact and midsize sedans, sport wagons, crossovers and SUVs, with flagship models such as the Impreza, Legacy, Outback, Forester and Crosstrek (also marketed as the XV in some regions), as well as the performance-oriented BRZ sports coupe developed in partnership with Toyota.

In addition to passenger vehicles, Subaru Corporation is involved in the manufacturing of automotive components, aerospace products and industrial machinery, leveraging advanced materials and precision engineering capabilities inherited from its Fuji Heavy Industries heritage.