Fuji Media Holdings, Inc. (OTCMKTS:FJTNY) Sees Significant Drop in Short Interest

Fuji Media Holdings, Inc. (OTCMKTS:FJTNYGet Free Report) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 457 shares, a drop of 71.8% from the April 30th total of 1,619 shares. Based on an average trading volume of 5 shares, the days-to-cover ratio is currently 91.4 days.

Fuji Media Stock Performance

Fuji Media stock opened at $12.55 on Friday. The firm has a 50-day moving average price of $12.53 and a 200-day moving average price of $11.80. Fuji Media has a 12-month low of $11.85 and a 12-month high of $12.55.

About Fuji Media

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Fuji Media Holdings, Inc, through its subsidiaries, operates as a diversified media and entertainment company based in Minato, Tokyo. The firm offers a range of services including television and radio broadcasting, film and program production, magazine publishing, and live event operations. Its American Depository Receipts are listed on the OTC under the ticker FJTNY, providing U.S. investors access to its media-centric business.

In its television segment, Fuji Media runs the Fuji Television network, one of Japan’s premier private broadcasters, delivering news, sports, dramas, variety shows and anime to a broad domestic audience.

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