Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) Sees Significant Increase in Short Interest

Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 32,654 shares, a growth of 66.8% from the September 30th total of 19,580 shares. Based on an average trading volume of 24,350 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.0% of the shares of the stock are short sold.

Fuji Electric Price Performance

Shares of OTCMKTS FELTY opened at $19.10 on Tuesday. Fuji Electric has a 52-week low of $16.06 and a 52-week high of $27.96. The business has a fifty day moving average of $21.63 and a two-hundred day moving average of $20.65.

About Fuji Electric

Fuji Electric Co, Ltd. is a Japanese electrical and industrial technology company that develops products and systems for energy and industrial applications. Its businesses include power generation, transmission and distribution equipment, industrial automation systems, power electronics, and semiconductor devices.

The company offers products such as inverters, drives, motors, control systems, power supplies, energy-management equipment, and power semiconductor modules. It also provides solutions for renewable energy, data centers, transportation, manufacturing, and other infrastructure markets.

Fuji Electric was established in 1923 through a partnership between Furukawa Electric and Siemens.