Fuji Electric Co., Ltd. – Unsponsored ADR (OTCMKTS:FELTY – Get Free Report) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 22,172 shares, a growth of 235.9% from the July 15th total of 6,601 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 99,868 shares, the days-to-cover ratio is presently 0.2 days.
Fuji Electric Stock Up 3.2%
Shares of Fuji Electric stock traded up $0.73 during trading on Thursday, hitting $23.76. 3,496 shares of the stock were exchanged, compared to its average volume of 34,286. Fuji Electric has a 12 month low of $15.56 and a 12 month high of $27.96. The stock’s fifty day moving average is $21.23 and its 200 day moving average is $20.31.
About Fuji Electric
Fuji Electric Co, Ltd. (OTCMKTS: FELTY) is a Japanese engineering company specializing in the design, manufacture and sale of power electronics, industrial automation systems and energy infrastructure equipment. Established in 1923 as a joint undertaking between Furukawa Electric and General Electric, the company has evolved to become a global supplier of power semiconductors, inverters, switchgear, motors and generators. Its product lineup spans a range of applications, from high-voltage transmission and distribution systems to factory automation and renewable energy solutions.
The company operates through several business segments, including Energy & Environment, Industrial Infrastructure, Power Electronics and Electronic Devices.
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