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

Fanuc Co. (OTCMKTS:FANUY) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 11,000 shares, a decrease of 92.0% from the October 15th total of 137,200 shares. Based on an average daily volume of 776,600 shares, the short-interest ratio is currently 0.0 days.

Fanuc Trading Down 2.5 %

OTCMKTS:FANUY traded down $0.34 on Wednesday, reaching $13.03. 320,099 shares of the stock traded hands, compared to its average volume of 336,581. The company’s 50 day moving average is $13.63 and its 200-day moving average is $13.95. Fanuc has a 1-year low of $12.56 and a 1-year high of $15.54. The firm has a market capitalization of $25.94 billion, a price-to-earnings ratio of 27.29, a price-to-earnings-growth ratio of 2.26 and a beta of 0.85.

About Fanuc

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.