Fujitsu Ltd. (OTCMKTS:FJTSY) Short Interest Down 58.9% in January

Fujitsu Ltd. (OTCMKTS:FJTSY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 69,039 shares, a drop of 58.9% from the December 31st total of 168,128 shares. Based on an average trading volume of 269,297 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 269,297 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Fujitsu to a “hold” rating in a research note on Monday. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Fujitsu Stock Performance

Fujitsu stock traded down $1.34 during midday trading on Friday, hitting $27.73. 132,108 shares of the company were exchanged, compared to its average volume of 153,780. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.62 and a current ratio of 1.87. Fujitsu has a fifty-two week low of $17.28 and a fifty-two week high of $30.05. The business has a fifty day simple moving average of $27.25 and a two-hundred day simple moving average of $25.38. The firm has a market capitalization of $49.43 billion, a PE ratio of 61.61, a price-to-earnings-growth ratio of 0.98 and a beta of 0.83.

About Fujitsu

Fujitsu Limited is a Tokyo-based multinational information and communication technology company that provides a broad range of technology products, solutions and services. Founded in 1935, the company has evolved from equipment manufacturing into a global IT services and systems integrator. Fujitsu’s offerings span consulting, application services, system integration, managed services, and business process outsourcing, targeting enterprise and public sector clients across multiple industries.

On the product side, Fujitsu develops and supplies computing hardware and infrastructure including servers, storage and networking equipment, as well as semiconductor and electronic components.