Fortescue Ltd. Sponsored ADR (OTCMKTS:FSUGY) Short Interest Down 63.0% in July

Posted by Teresa Graham on Jul 27th, 2026

Fortescue Ltd. Sponsored ADR (OTCMKTS:FSUGY – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 45,013 shares, a decline of 63.0% from the June 30th total of 121,537 shares. Based on an average daily volume of 316,845 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. The Goldman Sachs Group cut shares of Fortescue from a “hold” rating to a “sell” rating and set a $16.90 price objective for the company. in a research note on Thursday, July 2nd. Zacks Research raised shares of Fortescue from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fortescue has an average rating of “Hold” and a consensus target price of $16.90.

Get Our Latest Analysis on Fortescue

Fortescue Price Performance

Shares of OTCMKTS:FSUGY opened at $25.94 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.03 and a quick ratio of 2.28. Fortescue has a 12-month low of $22.50 and a 12-month high of $33.44. The business has a 50 day moving average of $28.03 and a two-hundred day moving average of $28.90.

Fortescue Company Profile

(Get Free Report)

Fortescue (OTCMKTS:FSUGY) is the U.S. over‑the‑counter ticker for Fortescue Metals Group, an Australian company principally engaged in the exploration, mining, processing and sale of iron ore. Since its founding in 2003, the company has developed large‑scale open‑pit operations in the Pilbara region of Western Australia and built integrated infrastructure — including rail and port facilities — to move bulk shipments of iron ore to international steelmakers.

Fortescue’s core products are iron ore lump and fines, which it markets to customers around the world, with strong trade links to Asian steel producers.